The Future of Monetary Policy

The Future of Monetary Policy

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transfers, credit cards, etc. ... The difference between nominal GNP growth and Mi growth is the rate of rise of Mi velocity. ... Definitely, there was a rise in the rate of rise of M! velocity after 1971 in comparison to the 1967 to 1971 period.

Title:The Future of Monetary Policy
Author: United States. Congress. Joint Economic Committee
Publisher: - 1982

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