wholesale sterling silver christian jewelry What are the policies of monetary school in economics?

wholesale jewelry supplies in los angeles 1. Classical economics, representative: Adam Smith [1723_1790], David Hume [1711_1776], David Li Jiatu [1772_1823], Owen Feixue [1867_1947]. Classical economics, which is a complete development of Economics Ancestor Adam Smith, is still the Bible in the hearts of many people in the economy. In summary, the policy of this school is: in the process of pursuing its own interests to maximize their own interests, the market can also achieve its own equilibrium.
As long as the government plays the role of the night guard, it is good to assume service -oriented tasks such as public security. Try not to interfere with the market. From the perspective of the market, in the labor market, the supply and demand of labor automatically reach balance. When prices rise, wages will increase proportionally. Workers know that their actual salary has not changed, and they will not provide more labor. Workers, therefore, the labor supply (demand) under equilibrium is stable. Capital supply in the short term is also fixed. The work of labor and capital produces products. When labor and capital supply is stable, the output is also stable.
It in the currency market, there is a currency volume*currency circulation speed = the total output*price level is constant. The currency circulation speed is constant and the total output is stable. The rise has no effect on output. And when the government adopts fiscal policy, tax collection or bonds to invest, this is equivalent to handling the money originally used for consumption or investment to the government, which still has no effect on the actual output.
Since the government has adopted various policies that can neither improve the employment rate nor allows the entire society to produce more products, there is no need to do these laborious things that are not pleasing to the market, or let the space be obedient to the market.
2, Keynesist economics, representative: John Menid Keynes [1883_1946]. With classical economics as the economic guidance, the economy has made great development in the United States and the United States and other countries for more than 100 years, and the theory of classical economics has become increasingly rooted. All of this was finally drawn in the 1920s: Beginning in 1920, the British economy fell into stagnation and the unemployment rate rose. In 1930, a world economic crisis that began in the United States broke out, which brought a deep impact on the world. This crisis is still raised today. Although there is a different interpretation of this crisis, it is undisputed that the Cainensist thought that the government's intervention is advised to interfere with it has begun to prevail after that crisis. The Bible of Keynesianism is the famous "Employment Interest and Currency Theory", which is also known as the opening work of macroeconomics. But a serious problem is that this writing is too complicated, and normal people cannot understand. Later generations had to interpret "Tong theory" with their own understanding, and they all said that they were the correct interpretation (the Bible is the case). I have been blurred because I need to see the general theory because the course needs to be read (just remember the beauty pageant theory related to stock trading), and I can only understand the interpretation of Gao Hongye. I talked about Keynesianism with the current interpretation.
If first talk about the labor market, keeping in mind the elements of labor and capital are the ultimate variables that determine the output. In the labor market, on the one hand, workers' wages can rise, but it is difficult to decrease: decline in wages will be affected by factors such as the union. Therefore, when the economy is downturn and the factory needs to reduce wages, it is limited by rigid wages, and there is no way to reduce wages. Under the unacceptable high salary, the factory can only hire less labor, which has led many workers to be forced to unemployment and the actual employment of labor is reduced.

22k jewelry wholesale The policy suggestions for the addition of monetary schools in economics are that I sue you to weaken or have a method established by political parties in economics or a box of toilets in the school.

12mm snap jewelry wholesale In your studies, you can briefly describe the policy of monetary schools, and there are many sharp eyes.