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Macro: Unit 4.2 -- The Money Market
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Hey Everyone! I'm Mr. Willis, and You Will Love Economics! In this video, I will: - Define money demand and the two forms of money demand - Explain the factors that contribute to the inverse relationship between the nominal interest rate and quantity of money demanded - Identify the 3 determi
Hey Everyone! I'm Mr. Willis, and You Will Love Economics! In this video, I will: - Define money demand and the two forms of money demand - Explain the factors that contribute to the inverse relationship between the nominal interest rate and quantity of money demanded - Identify the 3 determinants of money demand - Define money supply - Explain the constant relationship between the nominal interest rate and quantity of money supplied - Use graphs to analyze how a change in money demand will impact the nominal interest rate - Use graphs to analyze how a change in money supply will impact the nominal interest rate Are you looking to teach this topic in your class