Money and Banking: An Introduction to the Financial System [by] W. H. Steiner, Eli Shapiro [and] Ezra Solomon |
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Page 334
... increase in earmarked gold which comes from our monetary gold stock has the same effect upon bank reserves as an export of gold . Conversely , a decrease in earmarked gold flowing into our monetary gold stock has the same effect upon ...
... increase in earmarked gold which comes from our monetary gold stock has the same effect upon bank reserves as an export of gold . Conversely , a decrease in earmarked gold flowing into our monetary gold stock has the same effect upon ...
Page 454
... increase in incomes leads to an increase in the general demand for consumers ' goods by the recipients of this in- come and to an increase in the level of their spending . As a conse- quence of increased community spending , wholesalers ...
... increase in incomes leads to an increase in the general demand for consumers ' goods by the recipients of this in- come and to an increase in the level of their spending . As a conse- quence of increased community spending , wholesalers ...
Page 485
... increased income resulting from the added investment sets up a series of secondary events . Thus , a $ 10 billion increase in in- vestment does not result in a mere $ 10 billion increase in income . As income increases , consumption ...
... increased income resulting from the added investment sets up a series of secondary events . Thus , a $ 10 billion increase in in- vestment does not result in a mere $ 10 billion increase in income . As income increases , consumption ...
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