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Chako Chako
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8 years ago
Explain why one can write the demand for money as the price level times a function of the interest rate and real income as follows:
               M to power of ((d) ) = PxL (R, Y)
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International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
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machukianmachukian
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
7 years ago
Good luck
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