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MGT411 - Money & Banking - Lecture Handout 40

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MONEY GROWTH, INFLATION, AND AGGREGATE DEMAND

  • To shift the focus to inflation, we need to look at changes in the price level.
  • Suppose that inflation exceeds money growth (with velocity held constant). Real money balances will fall and so will aggregate demand

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MGT411 - Money & Banking - Lecture Handout 06

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FINANCIAL INSTRUMENTS & FINANCIAL MARKETS

  • Financial Instruments
  • Examples
  • Financial Markets
  • Roles
  • Structure
  • Financial Institutions

Examples of Financial Instruments

Primarily Stores of Value

Read more: MGT411 - Money & Banking - Lecture Handout 06