Macroeconomics and Monetary Theory

by Harry G. Johnson

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Macroeconomics is an outgrowth from the main stream of classical monetary theory following Keynes. Keynes changed the emphasis from determination of the level of money prices to determination of the level of output and employment. He also changed the key relationship from demand and supply of money as determining the price level to the relationship between consumption expenditure and income, in conjunction with private investment expenditure, as determining...

Format:Hardcover

Language:English

ISBN:0202060535

ISBN13:9780202060538

Release Date:January 1972

Publisher:Aldine Transaction

Length:213 Pages

Weight:0.80 lbs.

Dimensions:0.7" x 6.4" x 9.5"

Related Subjects

Business Business & Investing Economic Theory Economics Education & Reference Macroeconomics Money & Monetary Policy Popular Economics Theory

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Macroeconomics and Monetary Theory

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