The Demand for Money

J. Harvey and M. Johnson
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J. Harvey: University of Reading
M. Johnson: Hatfield Polytechnic

Chapter 8 in Introduction to Macro-Economics: A Workbook, 1973, pp 44-48 from Palgrave Macmillan

Abstract: Abstract Chapters 5–7 have been concerned with ‘real’ phenomena — how much output people want to consume currently and how much they want to postpone until the future, and how much firms want to invest in capital goods. The relationship between these magnitudes decides (until full employment is reached) whether future output expands or contracts.

Keywords: Current Account; Stock Exchange; Full Employment; Money Balance; Cash Balance (search for similar items in EconPapers)
Date: 1973
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DOI: 10.1007/978-1-349-01871-0_8

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