首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
What monetary policy tools can a government use to control money supply?
What monetary policy tools can a government use to control money supply?
admin
2011-01-15
137
问题
What monetary policy tools can a government use to control money supply?
选项
答案
A central bank can use the following monetary policy tools to affect intermediate targets and to achieve the ultimate objectives of monetary policy—the best combination of low inflation, low unemployments, rapid GDP growth, and orderly financial markets. Open-market operations: Sales by the central bank of government securities in the open market reduce money supply by lowering hank reserves. Open-market purchases do the opposite, ultimately expanding money supply by increasing bank reserves. Discount rate policy: A central bank can also raise or lower the discount rate, which is the interest rate charged on bank borrowings from the central bank, to decrease or increase money supply. Reserve requirements: The central bank might require all institutions in the monetary sector with eligible liabilities in the non-operational, non-interest-bearing deposits with the central bank. Changing the level and/or structure of interest rates: The government’s influence over interest rates can be achieved through open-market operations or through the interest rate imposed by the central bank. However, it is now accepted that the interest rate weapon is more suitably used to control inflation or the exchange rate rather than to control broad money supply growth. Direct controls over bank lending: Quantitative controls might be imposed on the growth in volume of either bank lending (i, e. assets) or bank deposits. Qualitative controls may be used to influence the type of bank lending, e.g. favouring the business sector as against the personal sector. Special deposits: The central bank may require the commercial banks to lodge non-operational special deposits to reinforce its control over credit. This weapon, which is not often used, can be a sharp and effective means of affecting interest rates.
解析
转载请注明原文地址:https://kaotiyun.com/show/lCYd777K
0
中级(经济学)
原金融专业英语(FECT)
金融英语(FECT)
相关试题推荐
[A]water[B]milk[C]medicine[D]market[E]restaurant[F]vegetables[G]coffeeshop
[A]park[B]radio[C]watch[D]library[E]telephone[F]postoffice[G]supermarketPeopleborroworreadbooksthere.
OpenTime:9:00to17:00TuesdaysthroughSundays(salesstopat16:00)TicketPrices:FullPrice:RMB30;HalfPrice:RMB15
Ifyouarewritingorstudying,itmakesverymuchdifferencewherethelightcomesfrom.Peoplewhousebooksandpenseveryda
Allnewproducts(产品)startasideas.Themanagerlooksatallthenewideas(41)putsdevelopmentmoneyinto(42)ofthem
Explain:"EqualincreasesingovernmentspendingandtaxrevenuesofndollarswillincreasetheequilibriumGDPbyndollars".
IfbothnominalGDPandthelevelofpricesarefalling,itisevidentthat______.
Defineanindorsementofbillofexchange.Whatarethetypesofliabilityofanindorser?
Chinawillcontinuetopursuea【26】monetarypolicy,andseekrefinementsintheconductofmonetarypolicybyrelyingon【27】poli
Assumethatasecurityhastwopossibleoutcomes.Thereisa75percentchancetheyieldwillequal10percentanda25percent
随机试题
会计制度设计的对象是指()
血涂片经瑞氏染色后细胞核不着色或着色浅,而胞质着色尚可,最可能的原因是
先天性心脏病最主要的病因是( )。
根据病情,病人目前最主要的护理诊断是
依据《环境影响评价技术导则非污染生态影响》,下列()自然资源开发1级项目提交的成果除完成基础图件外,要充分应用“3S”一体化、多媒体等高新信息技术手段进行生态影响评价,并提交相应成果。
ABC公司的管理会计师正在分析该公司的财务数据,销售利润率为15%,市盈率为20倍,每股收益为$2.5,应收账款天数为65天,财务杠杆率为3,速动比率为0.6。基于这些信息,就资产回报率和权益回报率,该管理会计师能得出以下哪个结果?
学生的态度与道德行为在很大程度上受到他们所归属的______的行为准则和风气影响。
企业未设置“预付账款”科目,发生预付货款业务时应借记()科目。
根据下列图表,回答106~110题:根据上图,下列关于我国农村用电发电情况的表述,错误的一项是()。
平畴交远风,_______。
最新回复
(
0
)