Because real GNP fell only slightly in 1974, the demand curve for real money shifted only slightly to the left.
由于实际GNP在1974年仅仅轻微下滑，实际货币需求曲线仅仅微小幅度左移。
The much higher price level reduced the quantity of real money supplied by considerably more than the lower real GNP decreased the demand for real money.
高水平物价带来的实际货币供给的下降幅度大大超过降低的GNP带来的实际货币需求下降。
But by 1975, there was a large fall in real GNP which, in turn, reduced the demand for real money.
但是，在1975年，实际GNP却有了大幅下降，这减少了实际货币需求。
All this money sloshing around looking for a home is not healthy - it indicates a real lack of demand in other parts of the global economy.
这些资金四处流动、寻找可以落地的地方，这是不健康的——它表明全球经济的其他部分的确存在需求匮乏的情况。
The demand for real money fell in1974 but only slightly.
实际货币需求在1974年下降，但幅度甚微。
The demand for real money fell in1974 but only slightly.
实际货币需求在1974年下降，但幅度甚微。
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