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.
1. perception-the representation of what is perceived; basic component in the formation of a concept. percept, perceptual experience. internal representation, mental representation, representation-a presentation to the mind in the form of an idea or image.