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Fry American Money and Banking

By (author) MJ FRY
Format: Hardback
Publisher: John Wiley and Sons Ltd, New York, United States
Imprint: John Wiley & Sons Inc
Published: 11th Apr 1984
Weight: 1021g
ISBN-10: 0471861502
ISBN-13: 9780471861508
Barcode No: 9780471861508
Synopsis
Uses a modern macroeconomic model to analyze the nature and significance of money in the American economy, treating the concepts of money, money creation by depository institutions, central banking, and monetary control. Explores sucy subjects as money and government finance, interest rates, and foreign exchanges. Contains a detailed analysis of monetary policy implementation under the February 1984 move to contemporaneous reserve accounting. Building on a modern macroeconomic framework, the text examines unemployment, the business cycle, the inflation tax, and more.

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