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101
Explain the five perceived problems with the Dual banking system.
2) Little ability to regulate money supply
2) Little ability to regulate money supply
Especially so after the widespread use of demand deposits.
Predictable seasonal changes in the demand of money impacted interest rates. Farmers complained about increasing interest rates around harvest time.
Now the Fed increases the money supply in certain times of the year to ease interest rate swings.
Predictable seasonal changes in the demand of money impacted interest rates. Farmers complained about increasing interest rates around harvest time.
Now the Fed increases the money supply in certain times of the year to ease interest rate swings.
Karteninfo:
Autor: savhighsmith
Oberthema: Economics
Thema: History of Economics
Schule / Uni: UGA
Ort: Athens
Veröffentlicht: 12.10.2010