曼昆《经济学原理》(宏观经济学分册)英文原版PPT课件_23.pptVIP

* Bullet 2: Mankiw has removed the word, “directly” * * * * * * * * * * * * Align text for second bullet. * When banks loan out their deposits, they increase the quantity of money in the economy. Because the Fed cannot control the amount bankers choose to lend or the amount households choose to deposit in banks, the Fed’s control of the money supply is imperfect. * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Money Supply, Money Demand, and Monetary Equilibrium People hold money because it is the medium of exchange. The amount of money people choose to hold depends on the pr