Money and Banking |
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Page 12
... statistical inference ; that is , we infer economic relation- ships through the application of statistical techniques to economic data.1 The use of such techniques is as fundamental to the practice of contempo- rary economics as either ...
... statistical inference ; that is , we infer economic relation- ships through the application of statistical techniques to economic data.1 The use of such techniques is as fundamental to the practice of contempo- rary economics as either ...
Page 13
... STATISTICAL INFERENCE A few precautionary words about the use of regression analysis are in order . In the first place , a hypothesis cannot be proved by statistical methods ; the most that can be done in this respect is to show that ...
... STATISTICAL INFERENCE A few precautionary words about the use of regression analysis are in order . In the first place , a hypothesis cannot be proved by statistical methods ; the most that can be done in this respect is to show that ...
Page 16
... statistical measures . It should be noted immediately that this is not a textbook in statistics ; no attempt will be made to give instruction on how to conduct statistical experiments or on any of the underlying mathematics . Rather ...
... statistical measures . It should be noted immediately that this is not a textbook in statistics ; no attempt will be made to give instruction on how to conduct statistical experiments or on any of the underlying mathematics . Rather ...
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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