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Year: 2000 Publisher: Indianapolis, Indiana : U.S. Department of the Interior, U.S. Geological Survey,
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Book
Year: 2000 Publisher: Indianapolis, Indiana : U.S. Department of the Interior, U.S. Geological Survey,
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Book
Year: 2009 Publisher: Reston, Va. : U.S. Geological Survey,
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Streamflow --- Streamflow velocity --- Streamflow --- Streamflow velocity
Book
Year: 1977 Publisher: Toulouse : Institut national polytechnique,
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Turbulence. --- Algorithms --- Streamflow velocity --- Algorithms --- Streamflow velocity
Book
Year: 1922 Publisher: Leipzig : Voss,
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Year: 1931 Publisher: Göteborg, : Elanders boktr.,
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Light --- Relativity (Physics). --- Velocity.
Book
Year: 1952 Publisher: Bern, : A. Francke,
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Book
Year: 1985 Volume: ch. A17 Publisher: Washington : U.S. G.P.O.,
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Book
Year: 1972 Publisher: Baltimore Williams and Wilkins Co.
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Year: 1982 Publisher: Cambridge, Mass. National Bureau of Economic Research
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This paper develops a simple general equilibrium model of a monetary economy with a capital market, in which monetary demand arises from a "cash-in-advance" constraint rather than from any direct role in the utility function. Uncertainty gives rise to a meaningful portfolio choice between money and bonds. We show that monetary velocity is increasing in the rate of inflation, and that the optimal monetary policy is that which maximizes real balances. We also show that the real rate of interest is not invariant to monetary policy: inflation lowers the real rate.
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