(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|