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RDP 7704: Money and Money–Income: An Essay on the “Transmission Mechanism”
Equation (4)
P
=
1
Y
[
m
+
ℓ
a
(
1
−
k
(
1
−
t
)
)
]
−
ℓ
a
(
A
+
G
)
M
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiuaiabg2da9maalaaabaGaaGymaaqaaiaabMfadaWadaqaaiaab2gacqGHRaWkdaWcaaqaaiabloriSbqaaiaabggaaaWaaeWaaeaacaaIXaGaeyOeI0Iaae4AamaabmaabaGaaGymaiabgkHiTiaabshaaiaawIcacaGLPaaaaiaawIcacaGLPaaaaiaawUfacaGLDbaacqGHsisldaWcaaqaaiabloriSbqaaiaabggaaaWaaeWaaeaacaqGbbGaey4kaSIaae4raaGaayjkaiaawMcaaaaacaqGnbaaaa@4F7F@