The Money Market The money market uses the (aggregate) money demand and (aggregate) money supply.
{"Image DocumentName": "The Money MarketThe money market uses the (aggregate) money demand and (aggregate) money supply.", "Image ImageDescription": "The condition for equilibrium in the money market is: Ms = Md. Alternatively, we can define equilibrium using the supply of real money and the demand for real money (by dividing both sides by the price level): Ms/P = L(R,Y) This equilibrium condition will yield an equilibrium interest rate. Copyright \u00a9 2006 Pearson Addison-Wesley. All rights reserved.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}