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dc.contributor.advisorThomas, Philip S.
dc.contributor.authorMertaugh, Michael Thomas
dc.descriptioniv, 79 p.en_US
dc.description.abstractThis paper represents an attempt to reconcile the separate objectives of balance-of-payments equilibrium and full-employment domestic demand. By considering first the classical theory of adjustment and next the Keynesian contributions, I will try to lay a theoretical foundation for the policy considerations in the second half of the paper. Particular emphasis is given there to the economies of the United States and Great Britain. Except for the policy implications contained in the first, theoretical half of this paper, the particular case of development growth will not be examined.en_US
dc.relation.ispartofKalamazoo College Economics and Business Senior Individualized Projects Collection
dc.rightsU.S. copyright laws protect this material. Commercial use or distribution of this material is not permitted without prior written permission of the copyright holder.
dc.titleThe Relation of the Domestic Economy to Balance-of-Payments Equilibriumen_US

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  • Economics and Business Senior Individualized Projects [1145]
    This collection includes Senior Individualized Projects (SIP's) completed in the Economics and Business Department. Abstracts are generally available to the public, but PDF files are available only to current Kalamazoo College students, faculty, and staff.

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