Non neutrality of money implies money has no real effect on the economy in the long run, suggesting unit elasticity of demand for money. Therefore (using the Fisher equations - MV-PT) differences in the money growth and GDP growth only causes inflationary pressures.
Chat with our AI personalities
Neutrality is a political concept, not a mathematical concept. It means not taking sides.
A bonus given which isn't related to money, e.g company car, free holiday etc...
Non-pecuniary damages, also known as non-economic damages, refer to compensation awarded to a plaintiff in a legal case for intangible losses that cannot be easily quantified in monetary terms. These damages may include pain and suffering, emotional distress, loss of enjoyment of life, and loss of consortium or companionship. They are meant to compensate for the physical and psychological harm endured by the plaintiff, rather than financial losses.
Usually non-linear.Usually non-linear.Usually non-linear.Usually non-linear.
All non rectangles are non squares.