Macroeconomics and buying mutual funds.?
macroeconomic point of view buying bonds or financial asset related demand , supply of money.
according keynes
m=l(y)+l`(r,p)
l=money wanted public buy things
l`=money wanted people buy financial assets
dl/dy>0 , dl`/dr , dl`/dp<0
y=production
r=rate of interest
p=prices
savings , investment occur in market of goods.
buying funds take place in market of money.
according macroeconomics, not finance, buying mutual funds saving, or investment?
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