Political Economy for BeginnersMacmillan, 1876 - 231 pages |
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Page xiii
... exchange are regulated by an equalisation of demand and supply — Reci- procity - When there is an exchange between ... Bills of Exchange - Bill - discounting -Bills of exchange perform many of the functions of money— Bank notes - Cheques ...
... exchange are regulated by an equalisation of demand and supply — Reci- procity - When there is an exchange between ... Bills of Exchange - Bill - discounting -Bills of exchange perform many of the functions of money— Bank notes - Cheques ...
Page 80
... bills ? 7. Suppose meat were cheaper , and my butcher's bills were consequently reduced one - third , should I be ... exchange power , or the number of other commodities for which it will exchange . It was then explained that price is a ...
... bills ? 7. Suppose meat were cheaper , and my butcher's bills were consequently reduced one - third , should I be ... exchange power , or the number of other commodities for which it will exchange . It was then explained that price is a ...
Page 85
... bills of exchange , exist . Let it be further supposed that the supply of gold and silver cannot be augmented by fresh discoveries or by foreign importations . These suppositions reduce the problem to great simplicity . We will now take ...
... bills of exchange , exist . Let it be further supposed that the supply of gold and silver cannot be augmented by fresh discoveries or by foreign importations . These suppositions reduce the problem to great simplicity . We will now take ...
Page 190
... bills of exchange , bank notes , cheques , and book credits . Bills of Exchange . It was said in the preceding chapter that foreign commerce did not involve a constant ex- change of gold and silver money between the two countries ...
... bills of exchange , bank notes , cheques , and book credits . Bills of Exchange . It was said in the preceding chapter that foreign commerce did not involve a constant ex- change of gold and silver money between the two countries ...
Page 191
... bills of exchange . A. has a bill for £ 1000 drawn on France , and C. has a bill for £ 1000 drawn on England . If they exchange these bills both debts will be discharged . Bill discounting . Merchants do not usually effect these ...
... bills of exchange . A. has a bill for £ 1000 drawn on France , and C. has a bill for £ 1000 drawn on England . If they exchange these bills both debts will be discharged . Bill discounting . Merchants do not usually effect these ...
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Common terms and phrases
advantage agricultural produce amount Bank Charter Act Bank of England bills of exchange Cambridge capital and labour capitalist causes cent cheques circulating capital circumstances classes cloth coal College commodities competition consequently consumed corn corn laws cost of production cotton Crown 8vo decrease demand division of labour economic economic rent effect employed employers employment English example exchange value exports Extra fcap farm farmer foreign France gold and silver illustration imports income income-tax increased industry instance labour and capital land landlord levied London manufactured margin of cultivation modities obtain Owens College paid poor rate population price of agricultural production of wealth Professor profits of capital purchase quantity rate of interest rate of profit rate of wages regulated rent School Second Edition Shew supply supposed taxation tenant tion trade value of gold value of money wages and profits wages of labour wages-fund wheat workmen
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