Macroeconomics and Monetary theory
- ISBN-10
- 0202367150
- ISBN-13
- 9780202367156
- Category
- Competition, Imperfect
- Pages
- 214
- Language
- English
- Published
- 1971
- Publisher
- Transaction Publishers
- Author
- Harry Gordon Johnson
Description
=__ | I Z 0 i $1 Therefore c 0 l - ratio of reserves to earning assets _ R __ rD __ r D-R D(1—-r) ' 1-r Substitution in the previous formula yields _ (d+1)(e+l) m - d+e+de Although both the formulations are identical in a formal sense, ...
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