Explain how the quantity theorists view the relationship between inflation and growth.The quantity theorists believe there is an inverse relationship between inflation and growth.(This is illustrated in the diagram below.)They feel that inflation undermines long-run growth: higher inflation leads to lower growth.

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The Answer of Explain how the quantity theorists view the relationship between inflation and growth.The quantity theorists believe there is an inverse relationship between inflation and growth.(This is illustrated in the diagram below.)They feel that inflation undermines long-run growth: higher inflation leads to lower growth.

Explain How the Quantity Theorists View the Relationship Between Inflation