The introduction of real-cash balances into the neoclassical model of the consumer wrecks havoc, in general, on the empirically observable refutable comparative statics properties of the model. We ...
The material below and on this web site was originally created in 2000 and published in The Journal of Economic Education Volume 32, Number 4 / Fall 2001 Pages: 397 - 397. The web site was originally ...
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