【PPT精品课件】货币金融学7版英文课件--15-大学课件2.pptxVIP

;Four Players in the Money Supply Process;;Control of the Monetary Base;If Person Cashes Cheque;Open Market Sale of Bonds;Open Market Purchase in the Foreign Exchange (FX) Market;If Person Cashes Cheque;Open Market Sale in the FX Market;Shifts from Deposits into Currency;Advances;Deposit Creation: Single Bank;…;Deposit Creation: Banking System (r = 10%);Deposit Creation;Banking System As a Whole;Same Result when Banks Invest their ER in Securities ;Simple Deposit Multiplier;Multiple Deposit Contraction;Multiple Deposit Contraction: The Banking System;Critique of the Simple Model;Conclusion;1