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Present Savings and Postwar Markets. By Sumner H. Slichter. New York and London: McGraw-Hill Book Company. 1943. Pp. iv, 73. ($1.00)

Published online by Cambridge University Press:  07 November 2014

Malcolm C. Urquhart
Malcolm C. Urquhart*
Affiliation:
Ottawa
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Type
Reviews of Books
Information
Canadian Journal of Economics and Political Science/Revue canadienne de economiques et science politique , Volume 10 , Issue 2 , May 1944 , pp. 253 - 255
Copyright
Copyright © Canadian Political Science Association 1944

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References

1 Corporations acquire liquid assets not only because some earnings are retained, but also because depreciation and maintenance charges are greater than expenditure for these purposes and because inventories have declined. Liquid assets of corporations include cash, deposits, and government securities.

2 A discussion of this matter is given in the February, 1944, issue of the U.S. Department of Commerce, Survey of Current Business, pp. 9 and 10.Google Scholar