MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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Michael Parkin. CHAPTER 10 MONEY , BANKING , AND PRICES Money Growth and Inflation in the United States 1950 1960. the money supply and the price level at full employ- ment that gives rise to the quantity theory of money . The Quantity ...
Michael Parkin. CHAPTER 10 MONEY , BANKING , AND PRICES Money Growth and Inflation in the United States 1950 1960. the money supply and the price level at full employ- ment that gives rise to the quantity theory of money . The Quantity ...
˹éÒ 271
Michael Parkin. Money Growth and Inflation in the United States 1950 1960 Sources : Quantity of money ( M2 ) : 1875-1960 , Milton Friedman and Anna J. Schwartz , A Monetary History of the United States ( Princeton , N.J .: Princeton ...
Michael Parkin. Money Growth and Inflation in the United States 1950 1960 Sources : Quantity of money ( M2 ) : 1875-1960 , Milton Friedman and Anna J. Schwartz , A Monetary History of the United States ( Princeton , N.J .: Princeton ...
˹éÒ 291
... money for transactions purposes fluctuate during any week or month . But aggregate money balances held for transactions pur- poses do not fluctuate much because ... income — the larger is the quantity of 291 The Influences on Money Holding.
... money for transactions purposes fluctuate during any week or month . But aggregate money balances held for transactions pur- poses do not fluctuate much because ... income — the larger is the quantity of 291 The Influences on Money Holding.
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$1 trillion aggre aggregate demand curve aggregate expenditure aggregate planned expenditure aggregate supply curve amount autonomous expenditure banks billion hours business cycle capital CHAPTER consume consumption expenditure curve for real decrease deficit deposits dollars economists equal equilibrium expenditure example exports factors factors of production fall Federal Reserve Figure firms fiscal policy fluctuations forecast GDP deflator government purchases graph growth higher households labor curve labor force labor market long-run aggregate supply macroeconomic ment million tapes monetary policy money multiplier money supply money wage rate multiplier natural rate OPEC open market operation opportunity cost output Phillips curve price level production possibility frontier quantity demanded quantity of labor quantity of money quantity of real quantity supplied rational expectations Real GDP trillions real wage rate recession relationship rises short-run aggregate supply slope tapes a week taxes tion trillions of 1987 U.S. economy unem unemployment rate