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Questions and Answers
According to Amartya Sen, what is inflation?
According to Amartya Sen, what is inflation?
- A thief of the poor (correct)
- A monetary phenomenon
- A tax on savings
- A consequence of too much money chasing too few goods
Which economist emphasized the role of the money supply in driving inflation?
Which economist emphasized the role of the money supply in driving inflation?
- Amartya Sen
- John Maynard Keynes
- Milton Friedman (correct)
- Paul Krugman
According to John Maynard Keynes, what is inflation a consequence of?
According to John Maynard Keynes, what is inflation a consequence of?
- Too much money chasing too few goods (correct)
- A thief of the poor
- A tax on savings
- A monetary phenomenon
What did Paul Krugman highlight as the negative impact of inflation?
What did Paul Krugman highlight as the negative impact of inflation?
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According to Joseph Stiglitz, what is inflation not just about?
According to Joseph Stiglitz, what is inflation not just about?
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