【PPT精品课件】货币金融学7版英文课件--15-大学课件2.pptVIP

Chapter 15 Multiple Deposit Creation and the Money Supply Process Four Players in the Money Supply Process 1. Central bank: the Bank of Canada 2. Banks 3. Depositors 4. Borrowers from banks Bank of Canada 1. Conducts monetary policy 2. Clears checks 3. Regulates banks The Bank’s Balance Sheet Control of the Monetary Base MB = C + R Open Market Purchase from bank The Banking System The Bank of Canada Assets Liabilities Assets Liabilities Securities – $100 Securities + $100 Reserves + $100 Reserves + $100 Open Market Purchase from Public Public The Bank of Canada Assets Liabilities Ass