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The Fundamental Assumptions of the Basic Model for
The Equilibrium of Exchange for an Individual in
3d The Individual Demand Functions
12 other sections not shown
accounting prices aggregate demand aggregate gross demand amount of foreign amount of home amount of money analysis assumed assumption balances of foreign balances of home choice variables demand for foreign demand functions economy equilibrium values exchange rate export expressed in terms foreign currency foreign money foreign-produced commodities functions 3d gross supply gross-demand functions home currency home money home-produced commodities i-th international commodity import commodities individual in Country individual's initial initial amount initial balances initial endowments initial nominal amount international trade kinds of money marginal utility market experiment modities monetary money balances money holdings Mosak national commodities nominal gross demand Patinkin price indexes produced in Country proportionate increase proposition real balance effect real gross demand real value rency section 3a section 5c store of value tariff terms of Currency terms of home transportation costs unit of account utility function