交換経済の市場連環図式
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概要
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The actual price in any market and the quantity actually bought and sold are determined by the interaction of supply (the behavior of sellers) and demand (the behavior of buyers). It is easily understood that whoever sells a good buys money and that whoever buys that good sells money. That is to say, the supply of a good means the demand for many and the demand for a good means the supply of money. Thus a good market cannot be separated from the money market and vice versa. Similarly, in an economy with two goods, supply of good 1 means the demand for good 2 and supply of good 2 means the demand for good 1. In this paper such market linkages in an exchange economy with or without money are schematically explained within the basic framework of supply and demand.
- 東洋英和女学院大学の論文
- 2007-03-15