The Fundamentals of Money and Financial Systems

Index

A

Accounting profit, 66

Adverse selection, 90

Advisory committees, federal reserve system, 39–40

Consumer Advisory Council, 39

Federal Advisory Council, 39

Thrift Institutions Advisory Council, 39–40

Aggregate demand, 96–98

Annual Report of the Board of Governors, 38

Auction market, 85–86

B

Bankers’ acceptances, 87

Bank for International Settlements (BIS), 36

Banking federation, 35–36

Benchmark interest rate, 59

BIS. See Bank for International Settlements

Break-even point, 78

C

Capital, 65–66

Capital budgeting, 65–66

Capital market instruments, 88–89

Capital markets, 85

Cash-balance equation, 9

Cash holding, 14, 15

CD. See Certificates of deposit

Certificates of deposit (CD), 43, 44

Closed economy, 4–5

Collateral, 91

Commercial papers, ...