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Demand for Money|Lars Jonung

Demand for Money : An Analysis of the Long-run Behavior of the Velocity of Circulation

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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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