We build a link between money growth and inflation through our model of money market equilibrium. In money market equilibrium, real money supply is equal to real money demand: M/P = L d (Y, i).e build a link between money growth and inflation through our model of money market equilibrium. In money market equilibrium, real money supply is equal to real money demand: M/P = L d (Y, i).
Try out our live chat room. There are four meanings for perception: 1 the ability to see, hear, or become aware of something through the senses. His perception of the bat's squeak was due to his good hearing. 2 the process of perceiving.
experience. 1  the content of a perception regarded as independent of whether the apparent object actually exists Compare sense datum. 2  the faculty by which a person acquires knowledge of contingent facts about the world, as contrasted with reason. 3  the totality of a person's perceptions, feelings, and memories.