Principles and Problems of Modern Economics |
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Page 302
... reserve ratio ) reserve ratio If the reserve ratio is higher , for example , % , the credit creation multi- plier is 3 ; a reserve ratio of 2 results in the banking system only doubling the amount of money deposited in it . On the other ...
... reserve ratio ) reserve ratio If the reserve ratio is higher , for example , % , the credit creation multi- plier is 3 ; a reserve ratio of 2 results in the banking system only doubling the amount of money deposited in it . On the other ...
Page 318
... Reserve Bank . The amount of this check is deducted from the member bank's reserve ac- count with its Federal Reserve Bank . The member bank on which the check was drawn has lost part of its reserves , on the basis of which , in the ...
... Reserve Bank . The amount of this check is deducted from the member bank's reserve ac- count with its Federal Reserve Bank . The member bank on which the check was drawn has lost part of its reserves , on the basis of which , in the ...
Page 341
... reserves . So what happens is tantamount to an open - market sale , except that the member banks rather than the Federal Reserve carries it out . The sale of securities to the public as a result of the higher reserve requirements ...
... reserves . So what happens is tantamount to an open - market sale , except that the member banks rather than the Federal Reserve carries it out . The sale of securities to the public as a result of the higher reserve requirements ...
Contents
The Development of Modern Economic Problems | 23 |
Economic | 39 |
A Simple Model of the Economy | 53 |
Copyright | |
57 other sections not shown
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Adam Smith agricultural amount areas assets average bank become billion capital commodity consumer consumption corporation cost curve cycle debt demand curve depression diagram discussion dollar economists economy effect efficiency elasticity enterprise equal equilibrium example expenditures exports factor factors of production farmers Federal Reserve Figure firm full employment gold higher important increase indifference curve individual industry inelastic inflation interest rate investment labor large number less manufacturing marginal cost marginal product marginal revenue means ment mercantilists merely monetary monopolistic competition multiplier national income operations organized output payments percent problem profits purchase pure competition quantity ratio real income reduce rent reserve ratios result saving schedule sell situation slope social spending sumer supply and demand supply curve surplus tariff taxes tend theory tion trade union United wages workers