Understanding Money |
Contents
THE MEANING OF MONEY | 3 |
THE TACCOUNT | 21 |
BANK RESERVES AND MONEY | 34 |
Copyright | |
18 other sections not shown
Common terms and phrases
$1 billion actions additional amount of money balance of payments balance sheet bank reserves BANKS Assets Liabilities borrowing business activity central banks chapter commercial banks convertibility countries currency decrease deficit demand deposit multiplier deposit balances deposit liabilities Deposits with Federal devaluation discount rate discount window economists economy economy's effect employment entries equal equilibrium excess reserves exchange rates existing expansion exports Federal Reserve authorities Federal Reserve Banks Federal Reserve Notes foreign exchange foreign exchange market German banks government spending income level interest rates Keynesian legal reserves level of income loans and investments member banks monetarists monetary policy money supply money the public near-moneys nonmember banks noted occur open market operations percentage reserve requirements period produce purchase rate of growth recession required reserves Reserve Banks $1 reserve position result rise savings sell T-account target things transactions U.S. banks U.S. dollar U.S. Government securities unchanged United wants to hold