Hello last month was A level results day( I live in Mauritius where we take exams in October )I got A* in economics. I have to thank you sir because your videos helped me significantly . Keep up the good work.
At the year 2013 was discovered The Progressive Growth of Money Supply Principle, which say you how the Money Supply must growth, i.e., the quantity of money that market needs: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-iiKr-i022mY.html If we increase the money supply by an amount equal to the sum of interest generated by the financial system during the preceding period, the market interest rate will be the natural interest (Wicksell) Thanks to the Progressive Growth of the Money Supply Principle we know today that it is impossible to return to the Gold Standard. The Principle will force Central Banks to change de monetary policies.
you juicy son of a gun you helped me get an A in my alevel econ and now that ive made it to uni and the fools are making me do an intro to econ module youre coming in clutch again.
Thank you so much. This has been a huge help. I am currently completing a presentation on why there are so many measures of money and you helped so much. Thank you again.
Can you please go through the specimen papers for aqa because the format is different for the exams this summer & make some essay plan templates for various topics? Thank you so much
Hello, at 6:12 you said individual savers deposits count into the narrow money. But generally, that cannot be immediately used (without loosing the interest) and so for the time being, will not be able to function as a medium of exchange. Therefore, is this not in M4?
Constant increase in the general price level , there are two approaches to prove it, 1) demand pull inflation 2) costpush inflation 1) when the supply is remained constant but the aggregate demand for goods increase 2) cost if production in the supply side increase resulting in the price to increase causing inflation