Focuses on the role of money in the macroeconomy and on monetary policy as an instrument for controlling inflation and unemployment. Emphasizes three important macrovariables: the rate of inflation, the interest rate, and output/income.Focuses on the role of money in the macroeconomy and on monetary policy as an instrument for controlling inflation and unemployment. Emphasizes three important macrovariables: the rate of inflation, the interest rate, and output/income.
Title | : | Money in the Macroeconomy |
Author | : | Martin F. J. Prachowny |
Publisher | : | Cambridge University Press - 1985 |
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