explain the creation of money from excess reserves
Tài liệu The Centrality of Money, Credit, and Financial Intermediation in Marx’s Crisis Theory: An Interpretation of Marx’s Methodology pptx
Ngày tải lên :
16/02/2014, 03:20
... intensification of them, are unavoidable.
57
At the end of his treatment of the “Law of the Tendency of the Rate of Profit to
Fall” in Part Three of Volume Three of Capital Marx links the rupture of the ... macro theory. The
gross rate of profit is the ratio of interest plus rent plus the profit of industrial and
commercial enterprises to invested capital. The net rate of profit is the ratio of industrial ... tendencies of the gross rate of profit to fall at some point in every
expansion. The integration of these two phenomena is Marx’s theory of crisis. Neither
one theorized in isolation from the other...
- 42
- 874
- 0
Tài liệu THE THEORY OF MONEY AND CREDIT - New edition, enlarged with an essay on Monetary Reconstruction docx
Ngày tải lên :
16/02/2014, 03:20
... Factors
in
the
Theory
of
the
Value
of
Money
The
Objective Exchange-Value
of
Money
The
Problems Involved in
the
Theory
of
the
Value
of
Money
97
100
102
CHAPTER
II
THE
DETERMINANTS
OF
THE
OBJECTIVE
EXCHANGE-
VALUE,
OR
PURCHASING
POWER,
OF
MONEY
(1)
The
Element
of
Continuity
in
the
Objective
Exchange-
Value
of
Money
§ ... to
the
more abstract parts
of
the
theory
of
the value
of
money. Professor von Mises shares with
Marshall
and
one or two others
the
merit
of
having assimilated
the
treatment
of
this theory to
the
general ... in
the
Theory
of
the
Value
of
Money
97
100
102
CHAPTER
II
THE
DETERMINANTS
OF
THE
OBJECTIVE
EXCHANGE-
VALUE,
OR
PURCHASING
POWER,
OF
MONEY
(1)
The
Element
of
Continuity
in
the
Objective
Exchange-
Value
of
Money
§ I
The
Dependence
of
the
Subjective
Valuation
of
Money
on
the
Existence
of
Objective Exchange-Value
108
§ 2
The
Necessity...
- 500
- 2.3K
- 0
Tài liệu the supply oF money – banK behaViour and the implications For monetary analysis doc
Ngày tải lên :
16/02/2014, 11:20
...
simply determined as a multiple of the monetary
base, depending on the size of the money
multiplier. The concept of the money multiplier
derives from the basic feature of deposit
banking that, ... that the central bank unilaterally sets the level of the monetary
base, i.e. the monetary base is the instrument of monetary policy. The money multiplier then
determines the supply of broad money, ... real-time identication of the
effects of these developments on the supply
of money will be an important contribution of
the monetary analysis to the assessment of the
appropriate monetary...
- 17
- 519
- 0
Tài liệu Báo cáo Y học: Antibacterial and antifungal properties of a-helical, cationic peptides in the venom of scorpions from southern Africa pptx
Ngày tải lên :
21/02/2014, 15:20
... disruption of the outer
membrane and facilitating the interaction of the toxin with
the inner membrane. In the presence of high Mg
2+
ions, the
MIC of compounds that are taken up via the self-promoted
uptake ... for the growth inhibiting effect of the
peptides. Experiments with melittin and mastoparan gave
the same results. The role of LPS in the interaction was also
demonstrated by the lack of effect of ... that there is a high conservation in
amino acid sequence of the peptides in the venom of
scorpions that belong to the same family, independent of the
continent and region were they live.
Furthermore,...
- 12
- 598
- 0
Tài liệu The History of England from the First Invasion by the Romans to the Accession of King George the Fifth Volume 8 docx
Ngày tải lên :
22/02/2014, 04:20
... to the maintenance of the true Protestant religion, with due consideration to the just ease of
tender consciences, to the settling of the rights of the crown and of parliament, the laws of the ... From his galley in the Frith Argyle beheld the assault of the enemy, the shock of the combatants,
and the slaughter of at least one half of his whole force.[d] This victory placed the north of ... thanked the petitioners for their attachment to the cause of the
country. The consideration of the resolutions was then resumed; terror had driven the more pusillanimous
from the house; and on the...
- 306
- 515
- 0
The Taxation of Income from Capital docx
Ngày tải lên :
07/03/2014, 13:20
... ask
the
question,
What
is
the
minimum
rate
of
return
it
must
yield
before
taxes
in
order
to
provide
the
saver
with
the
same
net
of
tax
return
he
would
receive
from
lending
at
the
market
interest
rate?
This
minimum
pretax
rate
of
return
is
called
the
cost
of
capital.
It
depends
upon
the
asset
and
industry
composition
of
the
investment,
the
form
of
finance used for
the
project, and
the
saver
who
is
providing
the
funds.
For
a ... given
combination
of
these
factors,
we
may
express
the
relation
between
the
cost
of
capital
and
the
interest
rate
as
(2.5)
p =
e(r).
The
cost
of
capital
function,
err),
depends
upon
the
details
of
the
tax
code,
and
we
derive
explicit
expressions
below.
Condition
(2.5)
may
be
thought
of
in
two
ways.
On
the
one
hand,
we
may
view ... book.
The
work
of
the project fell into
three
parts. First, there was the
development
of
the
conceptual framework. Second, there was the collec-
tion
of
data
on
a comparable basis for the computation
of
effective
marginal...
- 361
- 684
- 0
No Girls in the Clubhouse The Exclusion of Women from Baseball pot
Ngày tải lên :
08/03/2014, 11:20
... described the skills of the girls: “They played base-ball in a
very sad and sorrowful sort of way, as if the vagaries of the ball had been
too great for their struggling intellects. At the bat most of ... sphere of the home. These
changing economic relations of production generated new contexts for
the construction of gender in the home, the workplace, the new colleges
for women and in other public ... corollary of the physical separation of work
and home characteristic of the capitalist mode of production was the
emergence of a hegemonic femininity in the nineteenth century mod-
eled on the experiences...
- 229
- 391
- 0
The History of England from the Accession of James II, Vol. 3 potx
Ngày tải lên :
08/03/2014, 22:20
... question of humanity and of
expediency. They spoke much of the debt of gratitude which the nation owed to the priesthood; of the courage
and fidelity with which the order, from the primate down to the ... he thought lightly of the authority of Scripture. He was therefore required to
profess his faith in the divinity of the Son and of the Holy Ghost, and in the inspiration of the Old and New
Testaments.
Such ... was girt with the sword, lifted up into the throne, and presented with the
Bible, the spurs, and the orb. Of the temporal grandees of the realm, and of their wives and daughters, the
muster was...
- 316
- 416
- 0
The History of England from the Accession of James II, Vol. 4 pdf
Ngày tải lên :
08/03/2014, 22:20
... into the water at Oldbridge
and another to cross the bridge of Slane. If the constitution gave him the command of the forces of the State,
the constitution gave him also the direction of the foreign ... controversy. The taste for wine, which was then characteristic of their
nation, they had not forgotten. At the table of the Elector of Brandenburg much mirth was caused by the
gravity of the statesmen of ... public places the monuments of its subjugation. Such monuments every
where met the eye of the Irish Roman Catholics. In front of the Senate House of their country, they saw the
statue of their conqueror....
- 345
- 452
- 0
The History of England from the Accession of James II, Vol. 5 pptx
Ngày tải lên :
08/03/2014, 22:20
... set at the bar of the Peers. From that moment he was the prisoner
of the Peers. He had been taken back from the bar to the Tower, not by virtue of the Speaker's warrant, of
which the force ... in 1689, they recounted
and condemned the unconstitutional acts of the kings of the House of Stuart. Neither in the Declaration of
Right nor in the Bill of Rights is there a word on the subject. ... Strand, all the river were in commotion. Before midnight the King's
apartments, the Queen's apartments, the Wardrobe, the Treasury, the office of the Privy Council, the office of
the Secretary...
- 119
- 559
- 0
What is the price of a mousetrap? The assessment of value from cloud services pptx
Ngày tải lên :
09/03/2014, 02:20
... price of a mousetrap?
Customers no longer need to know the price of servers, software and the rest of the parts
making up the IT service stack. This knowledge is as useful as knowing the price of ... consideration the time value of money,
or where applicable, foreign currency exposure.
The title of this ebook hints at the error in this traditional performance measure.
Why would you want to know the ... transformation that has taken placed as a result of cloud
services, namely; the impact on the assessment of value. This is a timely discourse as the vast
majority of customers are using cloud services....
- 3
- 507
- 0
Default Risk Cannot Explain the Muni Puzzle: Evidence from Municipal Bonds That Are Secured by U.S. Treasury Obligations ppt
Ngày tải lên :
15/03/2014, 03:20
... errors of the null hypothesis of 0.54. In
addition, the coefficient β
1:Post
= 0.64 with a standard error of 0.013,
is within 2 standard errors of the null of 0.66.
17
When conditioned
by the maturity ... comments. The comments of seminar partici-
pants at Arizona State University, the University of Arizona, Case Western
Reserve, the University of Florida, the University of Oregon, the University
of ... which to estimate the term
structure in each month. Panel B describes the prices of the bonds in
the sample. In 6 of the 8 years, at least 56% of the sample is priced
within $5 of par. Given that...
- 28
- 591
- 0