Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Longmans, Green, Reader, and Dyer, 1871 |
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Сторінка 24
... expense , this would of course be done until the quantity in circulation was so much diminished as to equalize its value with that of the same weight in bullion . It may be thought however that the coin , though it cannot be of less ...
... expense , this would of course be done until the quantity in circulation was so much diminished as to equalize its value with that of the same weight in bullion . It may be thought however that the coin , though it cannot be of less ...
Сторінка 25
... expense of coinage , as is reasonable , upon the holder , by making a charge to cover the expense ( which is done by giving back rather less in coin than has been received in bullion , and is called levying a seignorage ) , the coin ...
... expense of coinage , as is reasonable , upon the holder , by making a charge to cover the expense ( which is done by giving back rather less in coin than has been received in bullion , and is called levying a seignorage ) , the coin ...
Сторінка 26
... expenses of coinage , according as those expenses are borne by the individual or by the state . This simplifies extremely the question which we have here to consider : since gold and silver bullion are commodities like any others , and ...
... expenses of coinage , according as those expenses are borne by the individual or by the state . This simplifies extremely the question which we have here to consider : since gold and silver bullion are commodities like any others , and ...
Сторінка 27
... expense , at the least productive sources of supply which the then existing demand makes it necessary to work . The average value of gold is made to conform to its natural value , in the same manner as the values of other things are ...
... expense , at the least productive sources of supply which the then existing demand makes it necessary to work . The average value of gold is made to conform to its natural value , in the same manner as the values of other things are ...
Сторінка 33
... expense of coinage on the metal which fell out of use . It appears , therefore , that the value of money is liable to more frequent fluctuations when both metals are a legal tender VOL . II . D at a fixed valuation , than when the ...
... expense of coinage on the metal which fell out of use . It appears , therefore , that the value of money is liable to more frequent fluctuations when both metals are a legal tender VOL . II . D at a fixed valuation , than when the ...
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Загальні терміни та фрази
17 yards advantage amount assignats bank notes Bank of England bankers bills of exchange book credits borrow bullion cause cheaper cheapness cheques circulating medium circumstances coin consequence consumers cost of carriage cost of production dealers debt demand and supply depend deposits depreciation diminished discounted duction effect employed equal equivalent exactly exchange value existing expense exports fall foreign commodities foreign countries France Germany gold and silver greater hands imports improvement increase international demand issue issuers labour and capital land law of value less loan market lower means million mode obtain paid payments permanent person portion pounds pounds sterling precious metals produce proportion purchasing power quantity of money raise rate of interest rate of profit ratio rise of prices seignorage sell shillings speculation suppose supposition theory things tion trade transactions value of money wages wanted whole yards of cloth yards of linen