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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: 9781138522107
- ISBN-10: 1138522104
- Publisher: Routledge
- Publish Date: September 2017
- Dimensions: 9.1 x 6.2 x 0.6 inches
- Shipping Weight: 1.45 pounds
- Page Count: 208
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