RDP 7704: Money and Money–Income: An Essay on the “Transmission Mechanism” Equation (9)

Δp t ≡ p t − p t−1 MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiLdiaabchadaWgaaWcbaGaaeiDaaqabaGccqGHHjIUcaqGWbWaaSbaaSqaaiaabshaaeqaaOGaeyOeI0IaaeiCamaaBaaaleaacaqG0bGaeyOeI0IaaGymaaqabaaaaa@41C2@