TheSuperneutrality of Money, an even stronger property thanneutrality of money, holds that not only do changes in the money supply not affect the real economy at all, but also that the rate of money supply growth has absolutely no effect on real variables. In this case, nominal prices and ...
Two objections are made to the concept of superneutrality of money. It is not the logical counterpart to static neutrality of money. Secondly, it would be preferable to focus on the impact of real balances not solely on the capital-labor ratio and the real rate but on a broader range of...
What is meant by federal expenditure? What factor is affecting the demand of money? What is meant by the term price taker? What is the meaning of surplus balance of payment? What are the factors that shift factor demand? What are the factors that cause a shift in demand?
Nietzsche’s warning is that this discourse of human rights, socialism, nationalism, equality, that reinvented our notion of “the people” had very revolutionary implications. The theorist of “the will to power” was ironically the earliest to be wary of modernity’s potential to abuse power a...
a我了解你的意思了 I understood your meaning[translate] a In my opinion,On one hand goverment should take action to hit illegal producers .On the other hand ,we must learn to judge the information ,no matter who says how good the products are .what is more ,producers should do well with...
What is the meaning for these three: 1. Presence of externalities: 2. Provision of public good: 3. Asymmetric information: What are the defining characteristics of a public good? Give an example of a public good and how those characteristics apply to your example. ...
它们一点儿也不改变。红的还是红的，白的还是白的，目眦欲裂的还是目眦欲裂。 人面呢？颜色比那纸制的小玩意好而且活动，带着生气。可是你褒奖他的时候，他虽是很高兴，脸上却装出很不情愿的样子；你指责他的时候，他虽是懊恼，脸上偏要显示出乐于纳言的颜色。 人面到底是靠不住呀！[u]我们要学做面...
t affect your everyday life. Think again. The Federal Communications Commission hasvoted to repeal2015 net neutrality regulations, meaning the open internet we’ve come to know and love could disappear. The vote took place on December 14, and as expected the FCC voted 3-2 along party lines....
The duty of a patriot is to protect his country from its government. —Edward Abbey 266 The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money. —Alexis de Tocqueville
What is the exchange value of a commodity? What is trade when referring to the exchange of goods for goods or labor service for money? What is voluntary exchange? What does it mean to say that a currency is undervalued? What is the meaning of average cost? Define Floating Exchange Rate ...