The measurement of the supply of money in a country over time depends to a very great extent on the definition of money employed in making up the series. In this thesis I plan to stay very close to the standard, orthodox definition of money. Money will be defined here as any commodity generally used as a means of settling economic obligations. This thesis will focus, therefore, on the means-of-payment function of money with the further stipulation that it must be generally acceptable. What money is in an economy will depend very much on practice, that is, on what people are willing to accept as a means of making settlements. The other functions of money, such as its unit-of-account, store-of-value, and means-of-making-deferred-payments functions will be assumed to be present simply because any means of payment which did not contain these functions would not be generally acceptable for long.
| Identifer | oai:union.ndltd.org:LACETR/oai:collectionscanada.gc.ca:QMM.115084 |
| Date | January 1963 |
| Creators | De Melto, Dennis. P. |
| Contributors | Weldon, J. (Supervisor) |
| Publisher | McGill University |
| Source Sets | Library and Archives Canada ETDs Repository / Centre d'archives des thèses électroniques de Bibliothèque et Archives Canada |
| Language | English |
| Detected Language | English |
| Type | Electronic Thesis or Dissertation |
| Format | application/pdf |
| Coverage | Master of Arts. (Department of Economics and Political Science.) |
| Rights | All items in eScholarship@McGill are protected by copyright with all rights reserved unless otherwise indicated. |
| Relation | alephsysno: NNNNNNNNN, Theses scanned by McGill Library. |
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