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Hardcover Monetarist Perspectives Book

ISBN: 0674582403

ISBN13: 9780674582408

Monetarist Perspectives

Here is a clear and thoughtful introduction to the current literature of monetary economics and macroeconomics. The book's central theme is a view of the macroeconomy in which recession and inflation are to be interpreted as the result of the economy adjusting to a discrepancy between the quantity of money supplied and the quantity of money demanded, with the latter quantity being determined by a stable aggregate demand function. The author discusses...

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Format: Hardcover

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