Money Banking and Financial Markets
ORGANISATION AND FUNCTIONS Organisation o] lite fluid The International Monetary Fund (I.M.F.) was con. titutcd hy subscriptions from members agree to participate in the Fund amounting to 8.5 billion dollars out of which India”s contribution was 400 million...
Money Banking and Financial Markets
Theory Of Money And Prices The theory of money. we are concerned with the duct urination of the value of money which has an inverse relationship with the general price level. There are .M..two main questions concerning the value of money. how change in the value or...
Money Banking and Financial Markets
ITEMS INCLUDED IN THE VARIOUS SECTORS OF THE ECONOMY We have classified the various-sectors of the economy as production. consumption and capital transactions account. We shall now say a word about the various items included in the social accounts relating to each...
Money Banking and Financial Markets
Social Accounts in a Closed Economy A closed economy is one which is self-contained and sclf·wlfiril’nt so that it has no economic dealings prepared on a uniforms basis and classified .” (i I transactions relating to productive activity. transactions...
Money Banking and Financial Markets
SOCIAL ACCOUNTING Social accounting or preparation of social accounts has assumed great Importance in modern times. This is so because economic theory is being increasingly applied for the solution of practical problems. If study of economics is to be fruitful. now...
Money Banking and Financial Markets
THE LEVEL OF PRICES AND THE VALUE OF MONEY Suppose we observe ?some period of time the price of an ice-cream cone rising from a nickel to a dollar. What conclusion should we draw from the fact that people arc willing to give lip so much more money in exchange for a...
