Monetary-Policy : The Experience of U.S. as Compared to Other Western Countries (Record no. 51462)
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| fixed length control field | 02270nam a2200277 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20190614174123.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 190614b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Yadav, .S |
| 9 (RLIN) | 33783 |
| 245 ## - TITLE STATEMENT | |
| Title | Monetary-Policy : The Experience of U.S. as Compared to Other Western Countries |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 29-39 p. |
| 520 ## - SUMMARY, ETC. | |
| 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. |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | Deflation |
| Uncontrolled term | Inflation |
| Uncontrolled term | Economic-Growth, |
| Uncontrolled term | Unemployment |
| Uncontrolled term | Money-Supply |
| Uncontrolled term | Internal-Devaluation, |
| Uncontrolled term | Interest Rate |
| Uncontrolled term | Liquidity-Trap |
| Uncontrolled term | Real Wages, |
| Uncontrolled term | Wage-Rigidity |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Tripathi, Shaleen Nath |
| 9 (RLIN) | 33784 |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 51393 |
| Host Itemnumber | 65496 |
| Main entry heading | Gilani, S. |
| Place, publisher, and date of publication | New Delhi Arthshastra Indian Journal of Economics and Research 2012 |
| Other item identifier | 5557185 |
| Title | Arthshastra Indian Journal of Economics and Research Vol 6 (1-6) |
| International Standard Serial Number | 2278-1811 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Journal Article |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Main Library | Main Library | 14/06/2019 | Vol 6, No 2 5557185JA3 | 5557185JA3 | 14/06/2019 | 14/06/2019 |