国际金融ch14学习课件.pptVIP

Chapter 14 Money, Interest Rate and Exchange Rate Preview What is money? Control of the supply of money The demand for money A model of real money balances and interest rates A model of real money balances, interest rates and exchange rates Long run effects of changes in money on prices, interest rates and exchange rates What Is Money? Money is an asset that is widely used and accepted as a means of payment. Different groups of assets may be classified as money. Currency and checking accounts form a useful definition of money, but bank deposits in the foreign exchange market are excluded from