Abstract
The economic situation of a country or a group of countries constitutes a set of variables. Important examples of such variables are total national income, especially at constant prices, total national consumption, total national investment, at current or constant prices, price levels of many types, employment and many other variables. The importance of variables at constant prices is that they are not affected by the money illusion. Depending on the problem studied different variables will be relevant.
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References
Garritsen de Vries, Margaret (1978), IMF under H. J. Witteveen; World Economic Cooperation Sustained in years of Crisis, IMF Survey, June 19, pp. 178–183.
Keynes, John Maynard (1920), The Economic Consequences of the Peace, Macmillan and Co., Ltd, London.
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© 1988 Kluwer Academic Publishers, Dordrecht
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Tinbergen, J. (1988). The worst destabilizer. In: Eizenga, W., Limburg, E.F., Polak, J.J. (eds) The Quest for National and Global Economic Stability. Financial and Monetary Policy Studies, vol 16. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-1389-9_16
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DOI: https://doi.org/10.1007/978-94-009-1389-9_16
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-7120-8
Online ISBN: 978-94-009-1389-9
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