Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2D. Appleton, 1877 |
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Сторінка 3
... circulation , - 4. Explanations and limitations of this principle , • 25 26 31 · 33 CHAPTER IX . Of the Value of Money , as dependent on Cost of Production . § 1. The Value of money , in a state of freedom , conforms to the value of the ...
... circulation , - 4. Explanations and limitations of this principle , • 25 26 31 · 33 CHAPTER IX . Of the Value of Money , as dependent on Cost of Production . § 1. The Value of money , in a state of freedom , conforms to the value of the ...
Сторінка 27
... circulation at the time . The demand for money , again , consists of all the goods offered for sale . Every seller of goods is a buyer of money , and the goods he brings with him constitute his demand . The demand for money differs from ...
... circulation at the time . The demand for money , again , consists of all the goods offered for sale . Every seller of goods is a buyer of money , and the goods he brings with him constitute his demand . The demand for money differs from ...
Сторінка 29
... circulation was doubled , prices would be doubled . If it was only increased one - fourth , prices would rise one - fourth . There would be one - fourth more money , all of which would be used to purchase goods of some description ...
... circulation was doubled , prices would be doubled . If it was only increased one - fourth , prices would rise one - fourth . There would be one - fourth more money , all of which would be used to purchase goods of some description ...
Сторінка 31
... circulation in a country , a quantity of money equal in value to the whole of the goods then and there on sale . But this would be a complete misapprehension . The money laid out is equal in value to the goods it purchases ; but the ...
... circulation in a country , a quantity of money equal in value to the whole of the goods then and there on sale . But this would be a complete misapprehension . The money laid out is equal in value to the goods it purchases ; but the ...
Сторінка 32
... circulation is 100,0007 . , and each piece changes hands by the purchase of goods ten times in a month , the sales of goods for money which take place every month must amount on the average to 1,000,0007 . Rapidity of circulation being ...
... circulation is 100,0007 . , and each piece changes hands by the purchase of goods ten times in a month , the sales of goods for money which take place every month must amount on the average to 1,000,0007 . Rapidity of circulation being ...
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17 yards Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers bill book credits bullion capitalists cheaper cheapness cheques circulation circumstances coin commerce consumers corn cost of carriage cost of labour cost of production crease days labour dealers debt depend depreciation diminished duction effect employment enable equal equivalent exchange value exist expense exports fall France Germany gold and silver imports improvement income increase industry international demand issue issuers labour and capital land law of value less loan lower means ment million mode modities mon language obtain paid payment person Poland population portion pounds precious metals produce proportion purchasing power quantity of money raise rate of interest rate of profit rent rise of prices seignorage sell shillings speculation supply supposed supposition things tion trade transactions value of money wages wanted whole yards of cloth yards of linen