Money and Banking |
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Page 494
... Payments from Table 22-1 Goods and services - $ 250 Transfers and remittances - $ 200 Capital assets - $ 1,000 Capital liabilities + $ 1,450 ture balance of payments . It is just like the actual balance of payments except that the real ...
... Payments from Table 22-1 Goods and services - $ 250 Transfers and remittances - $ 200 Capital assets - $ 1,000 Capital liabilities + $ 1,450 ture balance of payments . It is just like the actual balance of payments except that the real ...
Page 496
... payments , there is no reason why we can't draw all three lines . And , in fact , we do . Thus , there are several different definitions of a surplus or deficit in the balance of payments . ( Just about every economist has been asked at ...
... payments , there is no reason why we can't draw all three lines . And , in fact , we do . Thus , there are several different definitions of a surplus or deficit in the balance of payments . ( Just about every economist has been asked at ...
Page 503
... Payments In the several years following the end of World War II in 1945 , the world experienced a dollar shortage . This meant that virtually all other countries of the world needed United States dollars in order to import United States ...
... Payments In the several years following the end of World War II in 1945 , the world experienced a dollar shortage . This meant that virtually all other countries of the world needed United States dollars in order to import United States ...
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Common terms and phrases
accounts amount analysis assets average balance of payments bank reserves bank's bankers banking system banks per town bond borrowing branch banking capital cash Chapter coefficient commercial banks corporations currency curve decrease demand deposits demand for money dollars economists economy employment equilibrium example excess reserves exchange rate FDIC Federal Reserve System Figure financial institutions function funds gold government securities holding companies increase inflation interest rates investment investor issue Keynesian liabilities liquidity long-term maturity member bank reserves merger million monetary policy money market money supply national banks national income number of banks open market operations percent portfolio profit quantity of money quantity theorists question rate of interest real bills doctrine real sector regression analysis regression equation relationship reserve requirements S&Ls savings deposits schedule sell short-term statistical Table tion transactions Treasury bills unit banking United States government yield curve