Money and Banking: An Introduction to the Financial System |
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Page 176
... expansion will not be five times the original $ 100,000 , but less . Secondly , banks themselves may not wish to lend out the total four fifths of the new deposits they receive ; for instance , they may desire to increase their own ...
... expansion will not be five times the original $ 100,000 , but less . Secondly , banks themselves may not wish to lend out the total four fifths of the new deposits they receive ; for instance , they may desire to increase their own ...
Page 181
... expansion of bank credit is a unique func- tion of the commercial banking system , is inseparably connected with bank earning assets , and influences the volume of deposits and the distribution of the legal reserves . " ( F. W. Mueller ...
... expansion of bank credit is a unique func- tion of the commercial banking system , is inseparably connected with bank earning assets , and influences the volume of deposits and the distribution of the legal reserves . " ( F. W. Mueller ...
Page 182
... Expansion of Bank Credit , " Journal of Political Economy ( 1933 ) , pp . 1-32 , 152-193 . Board of Governors of the Federal Reserve System , The Federal Reserve System : Its Purposes and Functions , 3d ed . ( Washington , 1954 ) , Chap ...
... Expansion of Bank Credit , " Journal of Political Economy ( 1933 ) , pp . 1-32 , 152-193 . Board of Governors of the Federal Reserve System , The Federal Reserve System : Its Purposes and Functions , 3d ed . ( Washington , 1954 ) , Chap ...
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