Monetary theory Of The Price Level - This postulation states that expect for transactional adjustment period on the previously discussed monetary changes do exerts no influence on real economic variables such as information on the following; … [Read more...]
Monetary Theory – Development Of Quantity Theory
Monetary theory studies the influence of the demand for and supply of money upon price, interest, output and employment. There is no consensus among economist as to the proper role that money plays in the economy. … [Read more...]