Politická ekonomie
Politická ekonomie
Politická ekonomie
TEORETICKÝ ČASOPIS • ISSN 0032-3233 (Print) • ISSN 2336-8225 (Online)

Politická ekonomie Vol. 49 No. 5

Klasická poptávka po penězích ve standardním modelu nabídky a poptávky

DOI: https://doi.org/10.18267/j.polek.332

Plný text

Petr Mach

The quantity theory of money is applied in this article to define aggregate demand as a rectangular hyperbola that describes combinations of price level for different levels of real product with given quantity of money. The real product is measured on the X-axis as a quantity of composite goods. The Y-axis measures the price level, i.e. units of money per a composite good. Demand for money is defined as an analogous situation. The X-axis measures units of money, and the Y-axis measures the