This paper holds that the traditional viewpoint is in fact a partial equilibrium analysis without consideration given to the influence of the moneymarket.
本文认为传统观点实质上是一种局部均衡分析，没有考虑货币市场的影响。
2
By defining financial assets and the corresponding markets, this paper ACTS as a basic abstraction on the marketequilibrium behavior of money, debt and equity.