The Purchasing Power of Money ... |
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adjustment APPENDIX TO CHAPTER arithmetical average bank deposits bank reserves base billions bimetallism borrowers calculated cash causes cent Chapter XII check transactions circulation of money coin column commodities consumption contracts correction decrease deposit currency depositors dollars double effect equation of exchange estimates expenditure export fact factors fall figures formula given gold countries gold standard greenbacks Gresham's Law increase index number Irving Fisher Kemmerer labor Latin Union less level of prices loans magnitudes measured metal monetary money in circulation National Monetary Commission Nondepositors number of prices P₁ paper money payments period power of money price level production Professor purchasing power quantity of money quantity theory rate of interest receipts relative represent reservoir rise of prices seigniorage silver statistics subject to check T₁ tends tion United velocity of circulation volume of trade wages wealth York