El Quetzal charge. On 23 April 1961, church construction was completed and it was opened and blessed by San Marcos dioceses Bishop, Celestino Fernández. Father López Nadal led the parish until 25 January 1964, when father Juan Van Der Vaeren took his place. In 1965, El Quetzal was elevated to parish and had its own priest, leaving La Reforma. El Quetzal has tropical monsoon climate (Köppen: "Am"). El Quetzal El Quetzal () is a municipality in the San Marcos department of Guatemala. It was recognised as municipality on 19th of June 1900. The major source of income is the agriculture. "La Inmaculada
Monetary-disequilibrium theory Monetary-disequilibrium theory Monetary disequilibrium theory is a product of the Monetarist school and is mainly represented in the works of Leland Yeager and Austrian macroeconomics. The basic concept of monetary equilibrium (disequilibrium) was, however, defined in terms of an individual's demand for cash balance by Mises (1912) in his "Theory of Money and Credit". Monetary disequilibrium is one of three theories of macroeconomic fluctuations which accord an important role to money, the others being the Austrian theory of the business cycle and one based on rational expectations. Leland Yeager's (1968) understanding of the monetary disequilibrium theory begins with fundamental properties