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- W174715864 abstract "This chapter provides an overview of the supply of money. The deposit-type intermediaries can alter the total volume of loanable funds independently of the total amount provided by ultimate lenders. Because a number of deposit-type intermediaries have this ability, the explanation may become cumbersome. The reasons most commonly given for declining Federal Reserve membership deal with the level and form of reserve requirements on Federal Reserve member banks relative to those imposed by states on nonmember banks. Upon examination, however, comparisons of reserve requirements of member and nonmember banks are difficult. Deposits subject to reserve requirements differ between the Federal Reserve and state banking agencies, and among states. The periods over which reserve accounts must be settled also vary among states, from weekly, as with the Federal Reserve, to monthly periods, as in one state." @default.
- W174715864 created "2016-06-24" @default.
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- W174715864 date "1981-01-01" @default.
- W174715864 modified "2023-09-27" @default.
- W174715864 title "THE SUPPLY OF MONEY" @default.
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- W174715864 doi "https://doi.org/10.1016/b978-0-12-468950-3.50008-5" @default.
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