y c i g nx s y c g s i nx s i nco nominal

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: ause they represent the depositors’ claims on the bank. Loans are an asset for the bank because they represent the banks’ claims on its borrowers. Reserves are an asset because they are funds available to the bank. Money mulCplier: the amount of money the banking system generates with each dollar of reserves Increase in Deposits: Increase in Money Supply: Chapter 17 - Money Growth and InflaCo...
View Full Document

This document was uploaded on 02/12/2014.

Ask a homework question - tutors are online