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monetary base造句
1. The possibility of controlling the monetary base as a means of influencing monetary growth is discussed in section 9.1. 2. Thus although the monetary base is controlled, spending still expands. 3. Endogenous financial theory claims that the supply of monetary base is not an exogenous variable controlled by central bank, but endogenously determined by economic system. 4. But a rising monetary base isn't inflationary when you're in a liquidity trap. 5. Japan's monetary base rose 85 percent between 1997 and 2003; deflation continued apace. 6. That means increasing national debt and extending the monetary base. 7. America's monetary base doubled between 1929 and 1939; prices fell 19 percent. 8. We analyze money supply, monetary base, money multiplier, reserve requirement ratio, excess reserve ratio, currency ratio, and demand deposit ratio. 9. Thus that part of the monetary base represented by the clearing balance of the banking system was initially not subject to the discipline imposed by a currency board system. 10. Open-market operations should therefore be much more effective in reducing general liquidity than in reducing the monetary base. 11. If nothing else happens, we are in the world of monetary base control. 12. The Convertible Act requires the Central Bank to maintain 100 % backing for the monetary base in gold and currency. 13. Provided this agreement exists there can be no pretence at a system of monetary base control. 14. They have none of them anything to do with attempts to specify a ratio for monetary base type control purposes. 15. This shows how intermediation via Euromarket banks can increase the volume of spending for a given monetary base. 16. They can add as many zeroes as they want to adjusted monetary base. 17. Mr. Laffer seems panicked by a rapid rise in the monetary base, the sum of currency in circulation and the reserves of banks.