Essentials of a Sound Banking System

Functions of a Commercial Bank

BANK

LIQUIDITY PREFERENCE AND MARGINAL EFFICIENCY

INVESTMENT AND RATE OF INTEREST

Control of Inflation

Impacts of Inflation

True & Semi-inflation

Hyper & Moderate Inflation

Cost Push & Open Inflation

Determinants of demand

Forms of Inflation

The Quantity Theory by Keynes

Cash Balance Approach

QUANTITY THEORY OF MONEY

GRESHAM’S LAW

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