What people are saying - Write a review
We haven't found any reviews in the usual places.
The Evolution of a Common Monetary Medium
The Price Level
The Adjustment Process
13 other sections not shown
Other editions - View all
acceleration principle actual inflation AP/P apples Aubrey banking system barter Bernice bike Cecil Chapter coat coins commodity constant crowns current dollars deflation demand deposits demand for money demand for real economist economy effect equal equilibrium excess demand excess supply expected inflation rate fall Federal Reserve System fiat money fractional reserve banking fully anticipated inflation grams of gold higher hyperinflations income velocity increase indirect exchange inflationary expectations inflationary finance Irving Fisher loans medium of indirect metallic Milton Friedman monetarist monetary growth natural unemployment rate nominal cash balances nominal interest rate nominal money supply Phillips curve price controls price index price level Problem purchasing power quantity equation quantity theory rate of monetary rate of return real cash balances real income real interest rate real rate real terms revenue runaway inflation self-generating inflation silver supply of money tion transactions velocity wages Walras