Money 3e |
Contents
A Book for the Curious | 3 |
Money in Action | 23 |
The Monetarists versus the Keynesians | 30 |
Copyright | |
20 other sections not shown
Common terms and phrases
balance of payments bank reserves billion Board of Governors bonds borrowers budget business firms cash central bank Chapter commercial banks Congress consumer spending costs countercyclical demand deposits deposit rates depositors devaluation discount rate discrimination effect expand expenditures Federal Reserve Bank financial assets fiscal policy fixed exchange rates FOMC foreign full employment funds government securities government spending growth higher interest rates hold impact income inflation interest rates intermediaries investment spending job quotas Keynesians lenders less liquidity lower interest rates member banks ment Mone Monetarists money supply mortgage national debt open market operations ounce percent Phillips Curve president price of gold purchase raise rate ceilings recession reduce Regulation Q reserve requirements rise savings and loan savings deposits selective credit policies sell Smithsonian Agreement stability stock market stock prices tax rates thereby tight money tion tional Treasury bills U.S. dollars velocity