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Demand for Money : An Analysis of the Long-run Behavior of the Velocity of Circulation
by Lars Jonung
Overview
The income velocity of money-an inverse measure of the demand for money balances-is the ratio of the money value of income to the average money stock that the public (excluding banks) holds in a given period
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Details
- ISBN-13: 9780765809612
- ISBN-10: 0765809613
- Publisher: Routledge
- Publish Date: June 2003
- Dimensions: 9.16 x 6.06 x 0.52 inches
- Shipping Weight: 0.74 pounds
- Page Count: 208
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