Central Banking & Monetary Policy: An Introduction
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MERLOT II




        

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Central Banking & Monetary Policy: An Introduction

        

Central Banking & Monetary Policy: An Introduction

Logo for Central Banking & Monetary Policy: An Introduction
This is a free textbook offered by BookBoon.'This book presents an introduction to central banking and monetary policy. We, the public, accept the following as money (M) (that is, the means of payments / medium of exchange): notes and coins (N&C) and bank deposits (BD). Because we do, we place banks in a unique situation: the major part of their liabilities is BD; therefore they are able to create BD simply by making loans. Because banks are aggressive competitors and their creditworthiness... More
Material Type: Open Textbook
Technical Format: HTML/Text
Date Added to MERLOT: February 25, 2014
Date Modified in MERLOT: February 25, 2014
Author:
Submitter: Cathy Swift

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  • Reviewed by members of Editorial board for inclusion in MERLOT.
    Editor Review (not reviewed)
  • User Rating (not rated)
  • Comments (none)
  • Learning Exercises (none)
  • Personal Collections (none)
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About

Primary Audience: College Lower Division, College Upper Division
Mobile Compatibility: Not specified at this time
Technical Requirements: Download entire book as PDF from this site
Language: English
Cost Involved: no
Source Code Available: unsure
Accessiblity Information Available: unsure
Creative Commons: unsure

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