Chapter g Monetary Theory
Chapter 9 Monetary Theory
Monetary Theory is the theory which is about the economic influences of money
Monetary Theory is the theory which is about the economic influences of money
货而对经济的作用是通过货币的供需关系及 运动来实现的。 心货币需求理论是研究货币持有者保持货币 的动机、货币需求量的决定因素和各种因素 的相对重要性以及货币需求对物价和产出等 实际变量的影响的理论。 ◇货币供给理论是研究货币供给量由哪些因 素决定的以及如何决定的理论
货币对经济的作用是通过货币的供需关系及 运动来实现的。 v货币需求理论是研究货币持有者保持货币 的动机、货币需求量的决定因素和各种因素 的相对重要性以及货币需求对物价和产出等 实际变量的影响的理论。 v货币供给理论是研究货币供给量由哪些因 素决定的以及如何决定的理论
9. 1 The Classical foundation The amount of money in the economy should be right"? But the problem is what is the "right"amount of money?
9.1 The Classical Foundation The amount of money in the economy should be “right”? But , the problem is: what is the “right” amount of money?
The origins of monetary theory lie in the classical economics of Adam Smith and his friends. The two cornerstones of the classical system are say s law (萨伊定律) and the quantity theory. Say's law deals th interest rates, employment, and production The quantity theory explains the role of money
The origins of monetary theory lie in the classical economics of Adam Smith and his friends. The two cornerstones of the classical system are Say’s law (萨伊定律) and the quantity theory. Say’s law deals with interest rates, employment, and production. The quantity theory explains the role of money