But if we are focusing purely on the business cycle, then shocks to the supply and demand for money (including expectations of future changes) are the primary determinant of the pace of recovery.
但是如果我们只是单纯地把注意力放在商业周期上，那么货币供求的震动(包括对货币未来变化的期望)就是决定经济复苏速度的主导因素。
Aggregate supply and demand shocks in different stages of business cycle have different mechanisms.
经济周期不同阶段中总供给和总需求冲击具有不同的作用机制。
Aggregate supply and demand shocks in different stages of business cycle have different mechanisms.
经济周期不同阶段中总供给和总需求冲击具有不同的作用机制。
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