Question
1.Why is a traded goods and a non-traded goods sector incorporated into the Currency Substitution model? Does either of these markets require the clearance at
1.Why is a traded goods and a non-traded goods sector incorporated into the Currency Substitution model? Does either of these markets require the clearance at all times? And what does "clears at all times" mean?
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283427, 1429283424, 978-1464104213, 1464104212, 978-1429283434
