A model economy that has a medium of exchange: money Source: Bennett T. McCallum, 'Comments on 'A Model of Commodity Money' by Thomas J. Sargent and Neil Wallace', Journal of Monetary Economics 12, July 1983, pp. 189-196. Contexts: money; models Found on http://www.econterms.com/glossary.cgi?query=monetized+economy
A model economy that has a medium of exchange: money Source: Bennett T. McCallum, 'Comments on 'A Model of Commodity Money' by Thomas J. Sargent and Neil Wallace', Journal of Monetary Economics 12, July 1983, pp. 189-196. Contexts: money; models