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in about 200 words Kindly rewrite this work to be very academic. Apply academic literatures to the work using havard referencing style Economic Theory: According

in about 200 words Kindly rewrite this work to be very academic. Apply academic literatures to the work using havard referencing style Economic Theory: According to Keynesian economic theory, inflation is caused by an imbalance between demand and supply. When demand exceeds supply, prices rise, leading to inflation. Monetarists, on the other hand, believe that inflation is a result of too much money chasing too few goods

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