Parliamentary Papers, Band 17 |
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Seite 131
We may call the first effect the interest incentive effect , and the second the general liquidity effect . The contrast however is incomplete , for we shall argue that movements in the rate of interest have a central part to play in ...
We may call the first effect the interest incentive effect , and the second the general liquidity effect . The contrast however is incomplete , for we shall argue that movements in the rate of interest have a central part to play in ...
Seite 158
remembered that a change in interest rates works both ways , in that persons and companies have to pay interest as well as receive interest , and that part of such net effect as there is may not appear at all quickly .
remembered that a change in interest rates works both ways , in that persons and companies have to pay interest as well as receive interest , and that part of such net effect as there is may not appear at all quickly .
Seite 176
If , then , they cannot use the interest rate weapon to great effect , can the authorities ignore its existence , leaving interest rates to be determined , as is sometimes urged , “ by market forces " ? In our view , such a policy of ...
If , then , they cannot use the interest rate weapon to great effect , can the authorities ignore its existence , leaving interest rates to be determined , as is sometimes urged , “ by market forces " ? In our view , such a policy of ...
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accepting action activity advances amount assets Association authorities B.Sc balance Bank Bank of England Bills Biochem blood bonds borrowing Brit British capital cells cent central changes Chapter clearing clinical Committee companies continued Council countries debt demand Department deposits direct Director disease economic effect evidence exchange figures finance funds further Government Health holdings Hospital houses human important increase industrial infection influence institutions interest investment issues Laboratory less limited liquidity London means measures Medical methods Miss monetary Nature normal operations overseas particular patients payments period Ph.D possible present problems Proc production Professor rates reference relation Report Research RESEARCH UNIT reserves sector securities short Staff statistics sterling structure tissue trade Treasury United Kingdom University various virus