The Money Supply Model Money = Currency plus checkable deposits: M1 M = C + D The Fed controls the monetary base better than it controls reserves Link. - ppt download
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Model of M1 money supply determination starts with Monetary base & includes 3 actors: 1. Fed: responsible for controlling money supply & regulating banking. - ppt download
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PDF) The effect of the monetary base on money supply – Does the quantity of central bank money carry any information?
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![PDF] The effect of the monetary base on money supply – Does the quantity of central bank money carry any information? | Semantic Scholar](https://d3i71xaburhd42.cloudfront.net/c1b9f0f53ea24d82dc7f288d8693e0243e8b74fd/4-Figure1-1.png "PDF] The effect of the monetary base on money supply – Does the quantity of central bank money carry any information? | Semantic Scholar")
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