This paper investigates the problem of using the macroeconomic models to analyze the balance value. Actually, the analyses are performed under the IS-LM model. Since the balance value depends on the balance of goods and services market and the money market, the authors have studied the...

As per the researchers on monetary economics, a detailed account of the changing role of money from Walrasian and Non-Walrasian settings to the more recent theories on the dynamics of the relationships between money, inflation and growth with reference to their historical evolution are available...