New Approach to Explain Neutrality of Money
This paper presents a new explanation of neutrality of money in general case, regardless of the duration. It is based on the CMI-model of macroeconomic dynamics, which proposes the fundamental relationship between the efficiency of the use of production resources, money supply, inflation, and dynami...
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Format: | Article |
Language: | English |
Published: |
National University of Kyiv-Mohyla Academy
2017-12-01
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Series: | Наукові записки НаУКМА: Економічні науки |
Subjects: | |
Online Access: | http://spne.ukma.edu.ua/article/view/119738 |