Specialty Construction Group, Inc. added 7 new photos. We do things other than entrances as well! Retaining wall and sidewalk install at an office complex in Alpharetta. Complicated little site, but now the employees no longer have to wall in the street from the parking lot to the building.
The demand for money is a demand for real cash balances because people hold money for the purpose of buying goods and services. The higher the price level, the more money balances a person has to hold in order to purchase a given quantity of goods.
Generally, the nominal demand for money increases with the level of nominal output (price level times real output) and decreases with the nominal interest rate. The real demand for money is defined as the nominal amount of money demanded divided by the price level.or a given money supply the locus of income-interest rate pairs at which money demand equals money supply is known as the LM curve.