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| Place of Origin | Hebei,China |
| Brand Name | JH Horse Stable |
| Certification | ISO9001 |
| Model Number | Horse Box |
The stability of a money demand relationship has been a major concern in monetary economics for the last 50 years. It is conventional to call the relationship between real money, a nominal interest rate, and a measure of economic activity a money demand relationship. A stable relationship between these variables helps answer important questions such as the following: What is the average growth rate of money that is consistent with price stability, given the average
growth of the economy and a stable nominal interest rate? Knowledge about the response of money demand to changes in the nominal interest rate may also help
quantify the welfare gains from a low average inflation rate. In an essay in honor of Allan Meltzer, Lucas (1988) reassesses the evidence on the stability of the money demand estimated by Meltzer (1963) and justifies that stability not only on empirical grounds but also on theoretical ones. He shows that there is a theoretical equilibrium relationship between real money, a nominal interest rate as a measure of the opportunity cost of money, and gross domestic product (GDP) as a measure of transactions that is not exactly a money demand, but that is indeed stable. He estimates that equilibrium relationship using the monetary aggregate M1 as the measure of money with data up to 1985 and argues that there is a stable relationship between those variables with a unitary income elasticity and with a strong negative response of real balances to
the nominal interest rate (see box 1 for definitions of the different monetary aggregates).
The product details:
| Name | Horse stall with swing/sliding door |
| Front Type | Swing, Sliding, Fancy, European, or customized |
| Size |
Length: 8ft, 10ft, 12ft, 14ft (2.5m - 4.0m) Height: 1.5m, 2.0m, 2.2m. Or, any other sizes you like |
| Material |
Frame tube 50*50mm RHS, and 102/114mm Round Post in middle door heavery duty U channel to take T&G boards Top grill tube in OD25mm round tube |
| Finish | Powder Coated Finish or Hot Dip Galvanized Finish |
| Infill wood |
in bamboo wood, 20mm, 25mm, 28mm, 32mm, 38mm. very strong, durable click, no cracking by water |
| Fittings |
(a.) brass lock latch (b.) heavy duty stainless steel hinge, no rusting warranty. (c.) golden top ball or flat cap by your choice. (d.) swivel feeder system (optional) (e.) swing feeder window (optional) |
| Advantage |
(1.) Full welds will make sure the stalls are strong and durable. (2.) No sharp edges promise the people and horse safe. (3.) Yoke door allows horses place his head outside. (4.) Powder Coated Finish: We can PC any color you like. Say, Black Color, Blue Color, Hunter Green color, etc. (5.) Assembly easily: use heavy duty bolts or different way connector to connect together. (6.) More style stable are available, sliding front, and swing door, open door etc... |
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