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Temporal evolutions of three growth rates of M, V, and nominal GDP
In a previous article, " A three-piece set for understanding the money circulation ", we introduced two formulations of money cir...
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As a conclusion of this article, under the fluid picture of money circulation, direct benefits (monetary assistance, or cash handout) lead t...
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In this article, we introduce a three-piece set for grabbing the money circulation. The three-piece set is the circular flow diagram, a defi...
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