'Irving fisher' diaporamas de présentation

Chapter 4 The Classical Model

Chapter 4 The Classical Model. Aggregate Supply The distribution of output. The Equation of Exchange. Irving Fisher divided nominal GDP by the money supply. Fisher thought that V (velocity) was constant. He thought up reasons why V might be constant

443 views • 23 slides

Learning From Models

Learning From Models. Chapter 12. Irving Fisher. The economic laws and government responsibilities which govern the value of money formed the most important economic question in America in the 1890s Elections of 1892 and 1896 Farmers crucified on a cross of gold

268 views • 18 slides

275 views • 12 slides

Tulip Mania: Holland

Tulip Mania: Holland. In 1623, a single bulb of a famous tulip variety could cost as much as a thousand Dutch florins (the average yearly income at the time was 150 florins). A record was the sale of the most famous bulb, the Semper Augustus , for 6,000 florins.

311 views • 8 slides