Neutrality of money
id:
neutrality-of-money-293-7137704
title:
Neutrality of money
text:
Neutrality of money is the idea that a change in the stock of money affects only nominal variables in the economy such as prices, wages, and exchange rates, with no effect on real variables, like employment, real GDP, and real consumption. Neutrality of money is an important idea in classical economics and is related to the classical dichotomy. It implies that the central bank does not affect the real economy by creating money. Instead, any increase in the supply of money would be offset by a pr
brand slug:
wiki
category slug:
encyclopedia
description:
Economic theory
original url:
https://en.wikipedia.org/wiki/Neutrality_of_money
date created:
date modified:
2023-11-15T04:25:25Z
main entity:
{"identifier":"Q599098","url":"https://www.wikidata.org/entity/Q599098"}
image:
fields total:
13
integrity:
14