Monetary Base
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A Monetary Base is an Economics that ...
- Example(s):
- Counter-Example(s):
- See: Bank Vault, Money Supply.
References
2020
- https://www.investopedia.com/terms/m/monetarybase.asp
- QUOTE: ... A monetary base is the total amount of a currency that is either in general circulation in the hands of the public or in the commercial bank deposits held in the central bank's reserves. This measure of the money supply typically only includes the most liquid currencies; it is also known as the "money base." ...
2015
- (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/Monetary_base Retrieved:2015-3-18.
- In economics, the monetary base (also base money, money base, high-powered money, reserve money, or, in the UK, narrow money) in a country is defined as the portion of the commercial banks' reserves that are maintained in accounts with their central bank plus the total currency circulating in the public (which includes the currency, also known as vault cash, that is physically held in the banks' vault).
The monetary base should not be confused with the money supply which consists of the total currency circulating in the public plus the non-bank deposits with commercial banks.
- In economics, the monetary base (also base money, money base, high-powered money, reserve money, or, in the UK, narrow money) in a country is defined as the portion of the commercial banks' reserves that are maintained in accounts with their central bank plus the total currency circulating in the public (which includes the currency, also known as vault cash, that is physically held in the banks' vault).
- http://en.wikipedia.org/wiki/United_States_dollar#Means_of_issue
- The monetary base consists of coins and Federal Reserve Notes in circulation outside the Federal Reserve Banks and the U.S. Treasury, plus deposits held by depository institutions at Federal Reserve Banks.