Time remaining:
Intermediate Economics

Economics
Tutor: None Selected Time limit: 1 Day

Let the demand for real balances, (M/P)^d equal kY, where k is a constant of proportionality and Y is real income. Clearly and concisely explain what this implies about the income velocity of money and the implications for long run monetary policy
 

Mar 24th, 2015

intermediate economics mean?????????????

way demand for real balnce???? demand crve also use quntqtity and price of acording to given condtion.

way clearly and conscisely explian this?

long tarm montray police also use real incom ........... ask u good question thanks

Mar 24th, 2015

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Mar 24th, 2015
...
Mar 24th, 2015
Feb 25th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer