Chapter 13money supply process 货币金融教材.pptVIP

;Ⅰ Four Players in the Money Supply Process;Ⅱ The Fed’s Balance Sheet ;Ⅱ The Fed’s Balance Sheet ; ;Ⅲ Control of the Monetary Base ;Ⅲ Control of the Monetary Base ;Ⅲ Control of the Monetary Base ;Ⅲ Control of the Monetary Base ;Ⅲ Control of the Monetary Base ;;;Ⅳ Multiple Deposit Creation: A Simple Model ;Ⅳ Multiple Deposit Creation: A Simple Model ;1、银行体系作为一个整体，可以实现存款的多倍创造。 2、 simple deposit multiplier（简单存款乘数）： 3、The Federal Reserve is able to exercise complete control over the level of checkable deposits by setting the required reserve ratio and the level of reserves. 4、Whether a bank chooses to use its excess reserves to make loans （贷款）or to purchase securities（购买证券）, the effect on deposit expansion is the same.;Ⅳ Multiple Deposit Creation: A Simple Model ;1、 超额准备金问题：Banks do not make loans or buy securities in the full amount of their excess reserves. 由存款机构、贷款人、存款人决定。 2、提现问题： Proceeds from Bank loan are not deposited but are kept in cash。 由存款人决定。