Open
Description
Feedback from @SylviaZhaooo (Thanks!)
Content
- Revise the quotation marks in the quote “in economics, a little knowledge of geometric series goes a long way “
- "redeem note for gold or silver on demand" -> "redeem notes for gold or silver on demand"
- Add an intro to the Taylor series
- The signs of
$\mathrm{r}$ and$\mathrm{g}$ are incorrect in the first line of expanding the equation of$p_0$ - Fill the gap in the derivations of
$p_0$ in 10.5.3: 1. interpret why can approximate the$(T+1)^2$ into$(T+1)$ in the numerator of the second terms; 2. why$r g$ in the denominators disappear - Typos and improvements in the derivations:
- Shift "Back to the Keynesian multiplier" section as the exercise.