1 Flashcards
Balance of payments. Def + parti
1st identity + flexible er
1nd identity + fixed er
2dn identity
3rd identity def
Three dimensions of the fundamental identity
Transaction initiated by the banking Sector
Foreign exchange initiated by a client
Mainstream money theory
Post Keynesians money theory
How banks make profit?
Overdraft system
Asset based system
Excess reserves: mainstream vs post Keynesians
Expansionary fiscal policy with flexible er mainstream
Expansionary fiscal policy by post Keynesians
Restrictive monetary policy with fixed er mainstream
(expansionary) Monetary policy with fixed er post Keynesians
(Expansionary) monetary policy with flexible er post Keynesians
Monetary policy conclusions post Keynesians
Definition accounting financial account balance
