prolate
发表于 2025-3-28 17:12:23
The Large Monetary Union of Two Countriesutes in consumption. Europe and America are the same size and have the same behavioural functions. Similarly, Germany and France are the same size and have the same behavioural functions. These assumptions will be relaxed below, see Chapter 4.
北极人
发表于 2025-3-28 19:16:17
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Kidney-Failure
发表于 2025-3-28 23:10:31
Target Inflation and Required Money Growthcentral bank is to maintain price stability in America. Strictly speaking, the objective of the American central bank is to keep consumer inflation in America at target level. Let Ĵ. designate the target rate of consumer inflation in America.
instulate
发表于 2025-3-29 04:00:08
Given Money Growthrow at a constant rate of 1 percent, let French output grow at a constant rate of 3 percent, let American output grow at a constant rate of 2 percent, let European money supply grow at a constant rate of 3 percent, and let American money supply grow at a constant rate of 4 percent. This gives rise to a number of questions.
G-spot
发表于 2025-3-29 07:20:26
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Suppository
发表于 2025-3-29 14:41:02
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无能的人
发表于 2025-3-29 16:50:02
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懒惰民族
发表于 2025-3-29 22:45:33
Overview: The book studies especially the situation in the new European monetary union.Includes supplementary material: 978-3-642-07769-2978-3-540-24759-3
腐烂
发表于 2025-3-30 03:10:35
IntroductionThis book studies the causes and cures of inflation in a monetary union. It carefully discusses the effects of money growth and output growth on inflation. Further topics are the effects on currency depreciation, wage growth, and interest rate levels. This book takes new approaches that are firmly grounded on modern macroeconomics.
傻
发表于 2025-3-30 04:06:45
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