Quetzal resplendent quetzal (the second "h" is unexplained). The quetzal is also known in Spanish as the . Genus "Pharomachrus": Genus "Euptilotis": Quetzal Quetzals () are strikingly colored birds in the trogon family. They are found in forests, especially in humid highlands, with the five species from the genus "Pharomachrus" being exclusively Neotropical, while a single species, the eared quetzal, "Euptilotis neoxenus", is found in Mexico and very locally in the southernmost United States. Quetzals are fairly large (all over 32 cm or 13 inches long), slightly bigger than other trogon species. The quetzal is the country bird of Guatemala. Quetzals
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