toIPA
Home
Blog
Category
Classical dichotomy
the idea, attributed to classical/pre-Keynesian economics, that real variables (output and real interest rates) and nominal variables (money value of output and the interest rate) can be analyzed separately
Pronunciation
/ˈklæsəkəl daɪˈkɑdəmi/
/ˈklasɪkəl dʌɪˈkɒtəmi/
Categories
dichotomy