Question

what is high power money

Answer 1

In economics, the monetary base (also base money, money base,high-powered money, reservemoney, outside money, central bank money or, in the UK, narrowmoney) in a country is defined as the portion of a commercial bank's reserves that consist of the commercial bank's accounts with its central bank plus the total ...

Answer 2

In economics, the monetary base (also base money, money base,high-powered money, reservemoney, outside money, central bank money or, in the UK, narrowmoney) in a country is defined as the portion of a commercial bank's reserves that consist of the commercial bank's accounts with its central bank plus the total ...