【PPT精品课件】货币金融学7版英文课件--15-大学课件2.pptx

该【【PPT精品课件】货币金融学7版英文课件--15-大学课件2 】是由【小屁孩】上传分享，文档一共【23】页，该文档可以免费在线阅读，需要了解更多关于【【PPT精品课件】货币金融学7版英文课件--15-大学课件2 】的内容，可以使用淘豆网的站内搜索功能，选择自己适合的文档，以下文字是截取该文章内的部分文字，如需要获得完整电子版，请下载此文档到您的设备，方便您编辑和打印。Chapter15MultipleDepositCreationandtheMoneySupplyProcess?intheMoneySupplyProcess1. Centralbank:theBankofCanada2. Banks3. Depositors4. BorrowersfrombanksBankofCanada1. arypolicy2. Clearschecks3. Regulatesbanks2?’sBalanceSheetBankofCanadaGovernmentsecuritiesAdvancestobanksCurrencyincirculationSettlementbalancesAssetsLiabilitiesaryBase,MB=C+R3?=C+ROpenMarketPurchasefrombankTheBankingSystem TheBankofCanadaAssets Liabilities Assets LiabilitiesSecurities–$100 Securities+$100 Reserves+$100Reserves+$100OpenMarketPurchasefromPublicPublic TheBankofCanadaAssets Liabilities Assets LiabilitiesSecurities–$100 Securities+$100 Reserves+$100Deposits+$100BankingSystemAssets LiabilitiesReserves ChequableDeposits+$100 +$100Result:R?$100,MB?$1004? TheBankofCanadaAssets Liabilities Assets LiabilitiesSecurities–$100 Securities+$100Currency+$100Currency+$100 Result:Runchanged,MB?$100EffectonMBcertain,,however,?=C+ROpenMarketSaletoabankTheBankingSystem TheBankofCanadaAssets Liabilities Assets LiabilitiesSecurities+$100 Securities-$100 Reserves-$100Reserves-$100OpenMarketSaletothePublicPublic TheBankofCanadaAssets Liabilities Assets LiabilitiesSecurities+$100 Securities-$100 Reserves-$100Deposits-$100BankingSystemAssets LiabilitiesReserves ChequableDeposits-$100 -$100Result:R?$100,MB?$1006?(FX)MarketMB=C+ROpenMarketPurchaseofforeignexchangefromabankTheBankingSystem TheBankofCanadaAssets Liabilities Assets LiabilitiesFX–$100 FX+$100 Reserves+$100Reserves+$100OpenMarketPurchaseofforeignexchangefromthePublicPublic TheBankofCanadaAssets Liabilities Assets LiabilitiesFX–$100 FX+$100 Reserves+$100Deposits+$100BankingSystemAssets LiabilitiesReserves ChequableDeposits+$100 +$100Result:R?$100,MB?$1007? TheBankofCanadaAssets Liabilities Assets LiabilitiesFX–$100 FX+$100Currency+$100Currency+$100 Result:Runchanged,MB?$100EffectonMBcertain,onRuncertainAgain,,however,?=C+ROpenMarketSaleofFXtoabankTheBankingSystem TheBankofCanadaAssets Liabilities Assets LiabilitiesFX+$100 FX-$100 Reserves-$100Reserves-$100OpenMarketSaleofFXtothePublicPublic TheBankofCanadaAssets Liabilities Assets LiabilitiesFX+$100 FX-$100 Reserves-$100Deposits-$100BankingSystemAssets LiabilitiesReserves ChequableDeposits-$100 -$100Result:R?$100,MB?$1009?,,suchashiftwillhavenoeffectonMB. ShiftsFromDepositsintoCurrency:Public TheBankofCanadaAssets Liabilities Assets LiabilitiesDeposits–$100 Currency+$100Currency+$100 Reserves–$100BankingSystemAssets Liabilities Reserves–$100 Deposits–$100Result:R?$100,MBunchanged10?2005PearsonEducationCanadaInc.