Although "Inflation Is Always and Everywhere a Monetary Phenomenon," Explain

question 16

Essay

Although "inflation is always and everywhere a monetary phenomenon," explain why:
a. the start of a hyperinflation is typically related to the fiscal policy situation, and
b. the end of a hyperinflation is usually related to changes in fiscal policy.

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Definitions:

Collections

The process of pursuing payments of debts owed by individuals or businesses.

FOB Shipping Point

A term in shipping contracts indicating that the buyer is responsible for the goods, including the risk of loss and transportation costs, once the goods leave the seller's premises.

FOB Destination

A shipping term indicating that the seller retains ownership and responsibility for goods until they are delivered to the buyer's location.

Sales

The total amount of goods or services sold by a company during a specific period.