Inflation is just the growth rate of aggregate prices and from the relationship P = M/L d (Y, i) we get, using the fact that the growth rate of a A/B is equal to the growth rate of A minus the growth rate of B, = %P = %M - %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).
The line black tie optional suggests a formal beach wedding, usually in the evening. Women should wear a long formal dress. Dark grays, browns, navies, purples, burgundies or greens are appropriate color choices. Men should wear a dark suit and tie.
Analyze the Weather. The weather plays a major part in an outdoor wedding. If bad weather strikes, make sure you have an indoor alternative. 1. Wear cool outfits for spring and summer weddings. 2. Wear warmer outfits for fall and winter weddings. 3. Women can often wear sleeveless, strapless, and halter wedding dresses for an outdoor summer wedding, and may even wear an optional matching jacket at night.