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Chapter 16

EC223 Chapter Notes - Chapter 16: Open Market Operation, Monetary Base, Money Supply


Department
Economics
Course Code
EC223
Professor
Sharif Khan
Chapter
16

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

1. The Central Bank
 

 
! Banks "#
 $

 %

3. Depositors
 &
 '
()(
Liabilities
-*
-+*(
Assets
-,*(

--.*

+
-((/
"#
-+(
-(0
- Required Reserves:)0
1
-2++*$

-3%+*+%
Monetary Base"(#45+
C:"#
R:"5#
Bank of Canada controls the monetary base

2(/(
45+(
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