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MONEY AND MONEY ECONOMY
Money Income and Expenditure
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amount assume balance bank notes bank reserve banking system borrowing capital cent central bank changes chap Chapter commercial banks commodity commodity money consumers consumption created credit creation credit expansion currency curve debt decrease deficit deflation demand deposits deposit money Discuss dollar domestic elastic equilibrium excess reserves exchange control exchange rates expenditure exports factors Federal Reserve banks Federal Reserve notes Federal Reserve System firms fluctuations foreign exchange foreign exchange market full-bodied coin full-bodied money gold reserve gold standard gold-flow mechanism important increase inflationary interest rates international payments investment J. M. Keynes Keynes liquidity loanable funds loans member banks ment metal monetary authority monetary policy money reserves national income period price inflation price level production purchasing power rate of interest ratio reserve requirements savings silver spending stability supply of money tion token coins token money transactions Treasury value of money velocity of circulation York