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The capital. The chief of firm who can convince the managing director of bank,

That it has an exclusive possibility of reception of the big profit on The additional capital and thus is capable to supply high degree Safety in case its optimism will appear not quite justified, Is able take proportionally more than other. As a whole at Good prospects all firms have possibility to take more rather The own capital, than at bad prospects. a final demand raise, how owing to each following additive to already allocated volume

Credits incomes, fixed only for the short period, it can limit coefficients of expansion simply The credit, but cannot prevent continuous, but gradually disappearing on

To measure of, even

To unlimited expansion of the credit (if at an estimation of reliability of the borrower

Value of its assets settles up under the increased prices)., What is such way restriction of extra possibilities of firms will be Sliding, It is necessary to note, by that prospects improve Profit takings. Differently and progressing Step "curves" Credit offers which all firms will face, will start to be displaced

To the right at improvement of the general prospects (and to the left at aggravation), and similar

Displacement of curves of the offer here and there will often lead precisely

To the same effect, as well as change of norm of percent (that is decrease or

Lifting of all curve), also it will be frequent to be used intentionally for this purpose.

However, though any general increase of anticipated profits is capable to increase

The sums taken by firms, it in many cases will increase even more The sums which they would like to take at current norms of percent, and such

In the image to make firms to that limit behind which they can involve the capital

Only at higher price. Though at a percent effective standard will be To remain a backlog demand, this demand will not be "effective", As it will not concern those categories to which are applicable Percent effective standards, and these norms remain thus invariable. This position is similar to what is caused by a credit rationing, though

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