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MONEY AND MONEY ECONOMY
THE VALUE OF MONEY
THE SUPPLY OF AND DEMAND FOR MONEY
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aggregate demand amount banking system Bombay borrowing branch banking business cycle capital asset cash balances cash reserves cause central bank changes classical theory commercial banks consumption function cost crores curve demand for money depression determined economic activity economists effective demand efficiency of capital entrepreneurs equation equilibrium excess exchange expansion expenditure factors fall fiscal policy full employment Hence increase inflation inflationary influence interest rates Keynes Keynes's level of employment level of income liquidity preference loanable funds loans marginal efficiency marginal propensity ment monetary policy Monetary Theory money income money market money supply multiplier open market operations output period price level production profits propensity to consume prospective yield purchasing power quantity of money quantity theory rate of interest reserve ratio rise saving and investment schedule sector securities spending stabilisation store of value supply of money supply price tion trade cycle transactions value of money