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 the organization, identification, and interpretation of sensory information in order to represent and understand the presented information, or the environment. All perception involves signals that go through the nervous system, which in turn result from physical or chemical stimulation of the sensory system. For example, vision involves light striking the retina of the eye, smell is mediated by odor molecules, and hearing involves pressure waves. Perception is not only the passive