Pengaruh Kuantitas Uang Terhadap Pertumbuhan Ekonomi di Indonesia Dengan Mediasi Variabel Inflasi

Abstract

Economic Growth is a measure of a country's success in producing goods and services. To achieve the economic growth target, high inflation must be avoided. Indications of the money supply and interest rates indirectly affecting inflation can influence economic growth with path analysis to determine the effect of the money quantity variables, namely the money supply and interest rates on inflation, to find out the effect of the money supply and interest rates on economic growth and to find out the effect of the money supply and interest rates on economic growth through inflation. The results of data analysis show that the money supply has no significant effect, interest rates have a significant positive effect on inflation, the money supply and interest rates have a significant positive effect on economic growth, inflation has no significant effect on economic growth, inflation can mediate interest rates on economic growth. To increase economic growth, the government is advised to take appropriate steps to maintain Indonesia's economic growth, especially to maintain economic stability and per capita income by paying attention to the level of money supply, interest rates and inflation.