Money and Banking: An Introduction to the Financial System [by] W. H. Steiner, Eli Shapiro [and] Ezra Solomon |
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Page 391
... fall in the price level and the rise in the value of their money debts are pushed into financial embarrassment . This could easily entail a collapse in activity - and lead to a fall in production , a fall in employment and to wide ...
... fall in the price level and the rise in the value of their money debts are pushed into financial embarrassment . This could easily entail a collapse in activity - and lead to a fall in production , a fall in employment and to wide ...
Page 508
... fall in the interest rate from i to i2 is very much greater than the fall from is to i4 which takes place in Part B ( where we have an elastic liquidity schedule ) . In the last diagram showing an infinitely elastic liquidity schedule ...
... fall in the interest rate from i to i2 is very much greater than the fall from is to i4 which takes place in Part B ( where we have an elastic liquidity schedule ) . In the last diagram showing an infinitely elastic liquidity schedule ...
Page 562
... fall . The direct effect of these measures is to restrict the amount of spending which depends upon borrowed funds . The principal source of short- and intermediate - term credit are the commercial banks . When their reserve positions ...
... fall . The direct effect of these measures is to restrict the amount of spending which depends upon borrowed funds . The principal source of short- and intermediate - term credit are the commercial banks . When their reserve positions ...
Contents
Money and Economic Activity | 3 |
Monetary Systems | 25 |
The American Monetary System | 40 |
Copyright | |
27 other sections not shown
Common terms and phrases
amount assets bank's bankers banking system billion bills Board of Governors borrowing branch banking cash central bank changes Chaps checks circulation commercial banks commodity consumption Corporation debt demand deposits deposit account depositors discount dollar economic activity effect employment excess reserves exchange rates expansion expenditures exports factors Federal Reserve Act Federal Reserve banks Federal Reserve notes Federal Reserve System finance foreign exchange funds gold standard government securities important increase inflation institutions interest rates issues lending level of income liabilities liquidity loans and investments member bank reserve ment monetary policy monetary stock money market national bank national income open-market operations output payments percent period price level production propensity to consume purchases quantity theory rate of interest reduce Reserve authorities reserve balances reserve position reserve requirements rise savings short-term silver stability stock of money supply tion trade transactions Treasury currency volume York