The Science of Exchanges |
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Page 8
... market and the quantity which people want and offer for in that market . 24. When is a supply said to be too large ? When the quantity of a commodity actually supplied is larger than the quantity offered for by those who want the ...
... market and the quantity which people want and offer for in that market . 24. When is a supply said to be too large ? When the quantity of a commodity actually supplied is larger than the quantity offered for by those who want the ...
Page 9
... market bears to the demand for it there . 30. What may be called the equilibrium of any commodity's value ? The average value of that commodity , for the com- modity will rise above its average value or fall below it , according to the ...
... market bears to the demand for it there . 30. What may be called the equilibrium of any commodity's value ? The average value of that commodity , for the com- modity will rise above its average value or fall below it , according to the ...
Page 11
... markets of that country , or which press unfairly on them in the shape of duties on their commodities , to the ad ... market . 41. What is price ? It is the quantity of money which a man can get in exchange for a commodity . 42. What is ...
... markets of that country , or which press unfairly on them in the shape of duties on their commodities , to the ad ... market . 41. What is price ? It is the quantity of money which a man can get in exchange for a commodity . 42. What is ...
Page 12
... markets whatever , either as buyers or sellers . 48. What is property ? Anything which legally belongs to any one ... market rate of interest in that country , for capital in the shape of money can be easily applied to any purpose of ...
... markets whatever , either as buyers or sellers . 48. What is property ? Anything which legally belongs to any one ... market rate of interest in that country , for capital in the shape of money can be easily applied to any purpose of ...
Page 15
... markets ; if we can only get customers for our goods , we will produce the goods fast enough . A nation in a really healthy state ought always to produce more than she can consume , and thus , by saving , add to her wealth ; but this ...
... markets ; if we can only get customers for our goods , we will produce the goods fast enough . A nation in a really healthy state ought always to produce more than she can consume , and thus , by saving , add to her wealth ; but this ...
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Common terms and phrases
accommodation bills advantage amount of bank-notes average Bank of England bank-notes issued banker Bills of Exchange bound in cloth Britain British bullion capital carat cash centimes circulation coinage Commercial commodity competition consumption countries where gold countries where silver debt demand discount dwts EFFINGHAM WILSON employer export duty fall in value fixed amount fluctuations foreign exchanges France gives gold coin increase indirect taxation instance internal panic kilogramme of gold kilogrammes of silver L'Echo de Paris London manufacturers markets merchants milreis modity nation neatly bound notes ounce particular payment pence English pennyweights Post 8vo pound sterling productive labour profit proportion quantity of standard rate of interest revenue Rio de Janeiro rise in price royal 8vo ROYAL EXCHANGE securities sovereigns specific duty standard gold standard of value supplies of gold taxes trade troy troy weight value in exchange value of gold