Money and Banking: An Introduction to the Financial System |
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Page 306
... changes in float ; ( b ) changes in currency in circulation ; ( c ) changes in reserves required ( due to changes in member bank deposits ) ; ( d ) changes in Treasury accounts . Coordi- nation between the Federal Reserve authorities ...
... changes in float ; ( b ) changes in currency in circulation ; ( c ) changes in reserves required ( due to changes in member bank deposits ) ; ( d ) changes in Treasury accounts . Coordi- nation between the Federal Reserve authorities ...
Page 388
... changes in the value of money relative to goods and services . In order to understand why " changes in the price level " are sig- nificant , we must examine the concept itself more closely . Broadly speaking , we can distinguish two ...
... changes in the value of money relative to goods and services . In order to understand why " changes in the price level " are sig- nificant , we must examine the concept itself more closely . Broadly speaking , we can distinguish two ...
Page 501
... changes in the volume of money ( M ) and changes in the desire to hoard ( H ) ; in symbols i = f ( I , S , M , H ) For the " real " theory of interest , when saving equals investment ( S = I ) , we have an equilibrium position of both ...
... changes in the volume of money ( M ) and changes in the desire to hoard ( H ) ; in symbols i = f ( I , S , M , H ) For the " real " theory of interest , when saving equals investment ( S = I ) , we have an equilibrium position of both ...
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 equilibrium 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 hold 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 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