The Canadian Balance of Payments

The Canadian Balance of Payments

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(6) b a An increase in total reserves leads to an immediate decline in the interest rate. The smaller is either the ... A third element in this analysis is the implicit structure of the banking system assumed in this model. This structure may play ananbsp;...

Title:The Canadian Balance of Payments
Author:Douglas D. Purvis, Frances Chambers, Institute for Research on Public Policy, John Deutsch Memorial for the Study of Economic Policy
Publisher:IRPP - 1983-01-01


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