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.
3. Semi-formal. Semi-formal is probably the most common type of wedding attire you'll see on invitations. A nice cocktail dress is a sure thing here, but women can also wear a dressy suit. When it comes to semi-formal weddings, just pay attention to the season and venue to help ensure you look appropriate.