Abstract
Monetary systems are rarely in equilibrium. Within a domestic economy the supply of money is not necessarily equal to the demand for it. Suppose that supply is in surplus, the excess money can then be spent in four ways.
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© 1994 Gordon Pepper
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Pepper, G. (1994). Introduction. In: Money, Credit and Asset Prices. Palgrave Macmillan, London. https://doi.org/10.1057/9780230375932_1
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DOI: https://doi.org/10.1057/9780230375932_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-39107-3
Online ISBN: 978-0-230-37593-2
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