第13讲MoneyandExchangeRate(国际金融(香港大学,WON.pptxVIP

Money and Exchange Rate;Money;Money supply;Money demanded by individuals depends on ;Aggregate money demand;L(R,Y) rises when R falls;L(R,Y) rises when Y increases;Determination of the equilibrium interest rate;Effect of an increase in money supply on the interest rate;Effect of an increase in real income on the interest rate ;Determination of exchange rate;Rate of return (in home currency);Rate of return (in home currency);Rate of return (in home currency);Money and money prices;Monetary Growth and Price-Level Change of G7 countries (1973-1998);Empirical evidence;Variability of the Dollar/DM