MARC details
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02281nab a2200301 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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170518b xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Yadav, S. |
| 245 ## - TITLE STATEMENT |
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| Title |
Monetary-Policy : The Experience of U.S. as Compared to Other Western Countries |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
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| Place of publication, distribution, etc |
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| Name of publisher, distributor, etc |
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| Date of publication, distribution, etc |
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| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
29-39 p. |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc |
Economic-growth is contingent on a variety of factors, but the price-level and the level of unemployment are important because the Central-banks gauge these two variables to decide the course of monetary-policy which is responsible for credit-growth and trade-cycles. The relationship between economic-growth and unemployment is crucial because now, every economy tries to minimize unemployment or maximize employment in the process of economic-growth and development. Nonetheless, economists have now accepted prices as the major driving force of economic-growth. They have now acknowledged prices as a sign of economic-activity. In the present paper, we analyzed the effect of prices on the economic-growth and development of the U.S. economy. Almost all the prices in the economy move in the same direction at a time, except bond-prices, even the price of capital and price of labor. During booms, prices rise and in busts, they fall. Prices in the U.S. economy were high during up-cycle and crashed during recession, but interest rates were unexceptionally low, which pushed the economy in the “liquidity-trap,” which is responsible for low spending and low economic-growth. It is suggested that the U.S. economy may go for an internal-devaluation, which means lower-prices and higher demand for both domestic and external economies to achieve full-employment. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Price-Level |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Deflation |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Inflation |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Unemployment |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Economic-Growth |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Money-Supply |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Internal-Devaluation |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Interest Rate |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Liquidity-Trap |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Real Wages |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Wage-Rigidity |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Redenomination |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Exports |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
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| Personal name |
Tripathi, Shaleen Nath |
| 773 0# - HOST ITEM ENTRY |
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| Host Biblionumber |
40265 |
| Place, publisher, and date of publication |
Associated Management Consultants Pvt. Ltd. New Delhi |
| Other item identifier |
S86270 |
| Title |
Arthshastra: Indian Journal of Economics and Research; 6(2) March-April 2017 |
| International Standard Serial Number |
2278-1811 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
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| Source of classification or shelving scheme |
Dewey Decimal Classification |
| Item type |
Articles |
