Political Economy for Beginners |
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Page xiii
... notes - Cheques - The Clearing - house - Book credits- Credit influences prices , not the particular form which credit assumes - The purchasing power conferred by credit - Credit produces the greatest effect on the prices of those ...
... notes - Cheques - The Clearing - house - Book credits- Credit influences prices , not the particular form which credit assumes - The purchasing power conferred by credit - Credit produces the greatest effect on the prices of those ...
Page 83
... notes , for nearly all his larger payments ; but he is obliged to use money for his smaller payments ; for paying servants and labourers , and for defraying daily expenses , such as cab fares and hotel bills . It is there- fore seen ...
... notes , for nearly all his larger payments ; but he is obliged to use money for his smaller payments ; for paying servants and labourers , and for defraying daily expenses , such as cab fares and hotel bills . It is there- fore seen ...
Page 85
... notes and bills of exchange , exist . Let it be further supposed that the supply of gold and silver cannot be augmented by fresh discoveries or by foreign importations . These suppositions reduce the problem to great simplicity . We ...
... notes and bills of exchange , exist . Let it be further supposed that the supply of gold and silver cannot be augmented by fresh discoveries or by foreign importations . These suppositions reduce the problem to great simplicity . We ...
Page 190
... notes , cheques , and book credits . Bills of Exchange . It was said in the preceding chapter that foreign commerce did not involve a constant ex- change of gold and silver money between the two countries trading with each other . It is ...
... notes , cheques , and book credits . Bills of Exchange . It was said in the preceding chapter that foreign commerce did not involve a constant ex- change of gold and silver money between the two countries trading with each other . It is ...
Page 198
... notes and gold become for a time in great demand ; prices therefore rapidly fall , possibly as much below the cost of production as they were previously above it . Hence it is seen that when the purchasing power of credit is abused ...
... notes and gold become for a time in great demand ; prices therefore rapidly fall , possibly as much below the cost of production as they were previously above it . Hence it is seen that when the purchasing power of credit is abused ...
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Common terms and phrases
advantage agricultural produce amount Bank Charter Act bank notes Bank of England bills of exchange BOOK capital and labour capitalist causes cent cheques circumstances classes cloth College commodities competition consequently corn cost of production cotton Crown 8vo decrease demand economic economic rent effect employed employment English example exports Extra fcap farmer France FRANCIS TURNER PALGRAVE gold and silver GRAMMAR HISTORY Illustrations income income-tax increased industry instance J. M. D. MEIKLEJOHN King's College School labour and capital land land-tax landlord levied London and Westminster manufactured margin of cultivation modities paid panic permanent poor rate population price of agricultural production of wealth Professor quantity rate of interest rate of profit rate of wages regulated rent School Shew supply taxation Third Edition tion trade value of gold value of money W. W. SKEAT wages and profits wages of labour wages-fund Westminster Bank wheat workmen
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