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.
Perception is defined by Aká¹£apÄda Gautama in his Nyaya Sutra (I,i.4) as a 'non-erroneous cognition which is produced by the intercourse of sense-organs with the objects, which is not associated with a name and well-defined'. Perception can be of two types, laukika (ordinary) and alaukika (extraordinary).