Resumo
A characteristic of the daily necessities is that the price elasticity of demand is very small. This conceives an internal tendency for the prices to soar and becomes reality in certain market constructions. That is, the prices of necessities will continuously go high by the propulsion of market power, hence leading to inflation at an overall level which is called market-promoted inflation.
Título traduzido da contribuição | Market-promoted Inflation |
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Idioma original | Chinese (Simplified) |
Páginas (de-até) | 114-116 |
Número de páginas | 3 |
Revista | 北京师范大学学报(人文社会科学版) |
Número de emissão | 03 |
Estado da publicação | Published - 2005 |