Monetary base

From CNM Wiki

Revision as of 17:45, 2 July 2020 by Kainat9 (talk | contribs) (Created page with "Monetary base is the sum of currency and bank reserves; also called high-powered money. ==Definition== According to Macroeconomics by Mankiw (7th edition), :Monetar...")

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Jump to: navigation, search

Monetary base is the sum of currency and bank reserves; also called high-powered money.

Definition

According to Macroeconomics by Mankiw (7th edition),

Monetary base. The sum of currency and bank reserves; also called high-powered money.

Retrieved from "https://wiki.cnmcyber.com/w/index.php?title=Monetary_base&oldid=50334"