Guatemala Quetzal Rugby Club Guatemala, Guatemala which doubles as the team's clubhouse. Colegio Interamericano supports the team by allowing the use of their secure training area. WorldGym Guatemala is the club's official gym. GQRC promotes the sport of rugby in Guatemala by seeking out new players through established relationships with local schools, embassies volunteer work and by holding rugby clinics. Guatemala Quetzal Rugby Club The Guatemala Quetzal Rugby Club (also known as GQRC) is a rugby union team based in Guatemala City, Guatemala. The club competes in the Asociacion Guatemalteca de Rugby 15s tournament. The club uses both their location, Guatemala, Guatemala, and the
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