Money and Banking: An Introduction to the Financial System [by] W. H. Steiner, Eli Shapiro [and] Ezra Solomon |
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Page 44
... gold and silver the value of the dollar was redefined . The gold content was reduced to 23.22 fine grains and the silver content was left at 371.25 fine grains . This completely reversed the former situation . After 1834 gold replaced ...
... gold and silver the value of the dollar was redefined . The gold content was reduced to 23.22 fine grains and the silver content was left at 371.25 fine grains . This completely reversed the former situation . After 1834 gold replaced ...
Page 278
... gold and silver held by the Treasury against which gold certificates and silver certificates have been issued . However , the Treasury holds title to some gold against which no certificates have been issued . As of June 30 , 1957 , the ...
... gold and silver held by the Treasury against which gold certificates and silver certificates have been issued . However , the Treasury holds title to some gold against which no certificates have been issued . As of June 30 , 1957 , the ...
Page 334
... Gold Purchase and Sale An addition to the monetary gold stock of the United States unless counteracted by the Treasury or the Federal Reserve System is reflected in additions to the reserves of the member banks and the Reserve banks ...
... Gold Purchase and Sale An addition to the monetary gold stock of the United States unless counteracted by the Treasury or the Federal Reserve System is reflected in additions to the reserves of the member banks and the Reserve banks ...
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