Macroeconomics & Monetary Theory pdf epub mobi txt 电子书下载 2024

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Johnson, Harry G.

Transaction Pub

2006-8

228

$ 31.58

Pap

9780202308654

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发表于2024-11-24

Macroeconomics & Monetary Theory epub 下载 mobi 下载 pdf 下载 txt 电子书下载 2024

Macroeconomics & Monetary Theory pdf epub mobi txt 电子书下载 2024

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Macroeconomics is an outgrowth from the mainstream of classical monetary theory following Keynes. Keynes changed the emphasis from the determination of the level of money prices to the determination of the level of output and employment. He also changed the key relationship from demand and supply of money as determining the price level, to the relationship between consumption expenditure and income, in conjunction with private investment expenditure, as determining the level of output and therefore employment demanded. The income multiplier replaced the velocity of circulation as the key concept of monetary theory.

Macroeconomics & Monetary Theory 下载 mobi epub pdf txt 电子书