XXVI
LIST OF CHARTS
CHART PADS
27. Varying Degrees of Impatience Represented by the Slope
28. Intersection of Mi Line and Wi Line at Pi.241
29. Intersection of Mi Line and W 2 Line at P,.242
30. M Lines With Reference to Wi and W 2 Lines.243
31. A Typical Family of W Lines.246
32. Adjusting Impatience to Market Rate of Interest Through
Borrowing. 250
33. Adjusting Impatience to Market Rate of Interest Through
Lending. 251
34. The Final Income Position ( Q t ) of Individual 1 Fixed by
Tanqency of the Wi Line to the Mi Line at Q, . . . . 254
35. The Opportunity (0) Line.265
36. W Lines Showing Different Degrees of Impatience and
O Lines Showing Different Rates of Return .... 268
37. The Point of Tanqency (It) of a W Line to the O Line . 269
38. Point of Equilibrium Where the M Line Which Is Tan-
gent to the O Line at P Is Also Tangent to a Line at Q 271
39. Monthly Average Discount Rates; New York .... 395
40. Indexes of Seasonal Variations in Interest Rates .... 396
41. Monthly Averages of Discount Rates, Bank of England . 397
42. Average Rates of Appreciation and of Interest, London . 409
43. Theoretical Relation of Price Level (P) and Interest
Rates (i).412
44. Theoretical Relation of Price Changes (P') to Interest
Rates (i).^.414
45. Correlation Coefficients Between P* and i for Various
Lags. Yearly Data, Great Britain, 1820-1924; United States ,1890-1927 . 418
46. Correlation Coefficients Between P and i for Various Dis-
tributions of Lao. P 7 is the Combined Effect at AnyPoint of Time of the Influence of Preceding P” s WithLags Distributed. Yearly Data, Great Britain, 1820-1924 421
47. Correlation Coefficients Between P and i for Various Dis-
tributions of Lag. P' is the Combined Effect at AnyPoint of Time of the Influence of Preceding P”s WithLags Distributed. Yearly Data, United States , 1900-1927 . 422
48. Curves Showing P, P’, P 1 and i. Yearly Data, Great Britain,
1898-1924 ••••__• .424
49. Curves Showing P, P', P', and i: Quarterly Data, United
States, 1890-1927 . opposite page 426
50. Correlation Coefficients Between P' and i for Various Lags.