Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI
A negative interest rate is impossible under CMUCPP in terms of the Daily CPI.
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Monetary items are money held and items with an underlying monetary nature
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Showing posts with label
Monetary items are money held and items with an underlying monetary nature
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Tuesday 27 April 2010
Monetary items are money held and items with an underlying monetary nature
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All economic items have monetary values in an economy using money. Both monetary items and non-monetary items are expressed in monetary term...
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