1) 2003 MC Q23
what is difference and relationship between [ short long ] and [long run Phlips ]
2) what is difference between [ current inflation rate and actual inflation rate]?
3) what is [trade weight exchange rate index]?
4) why [money supply fall = national income will fall too]?
5) why [reduce money supply will case to general price level fall]?
thx
AL Econ
2007-03-13 9:54 am
回答 (1)
2007-03-21 5:42 am
✔ 最佳答案
[1] Short-run Phillips Curve is downward sloping but Long-run Phillips Curve is vertical.Short-run Phillips Curve shows that inflation rate is negatively related to unemployment rate but Long-run Phillips Curve shows that unemployment rate is independent of inflation rate.
...
[5] According to the Quantity Theory Of Money (QTM), MV=PQ.
Since V and Q are constant, P will fall when M reduces.
2007-03-22 00:23:26 補充：
[1] 附圖~http://hk.geocities.com/games100100/PC.jpg
參考: Myself!
收錄日期: 2021-04-18 21:04:45
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