布兰查德宏观经济学第四版ppt第04章 .pptxVIP

The Demand for Money;The Demand for Money;Income is what you earn from working plus what you receive in interest and dividends. It is a flow—that is, it is expressed per unit of time. Saving is that part of after-tax income that is not spent. It is also a flow. Savings is sometimes used as a synonym for wealth (a term we will not use in this course).;Your financial wealth, or simply wealth, is the value of all your financial assets minus all your financial liabilities. Wealth is a stock variable—measured at a given point in time. Investment is a term economists reserve for the purchase of n