經濟學原理

Suppose that the reserve requirement for checking

deposits is 10 percent and that banks do not hold any excess reserves.

(a)

If the central bank sells $1 million of government

bonds, what is the effect on the economy’s reserves and money supply?

(b)

Now suppose the central bank lowers the reserve

requirement to 5 percent, but banks choose to hold another 5 percent of

deposits as excess reserves. Why might banks do so? What is the overall change

in the money multiplier and the money supply as a result of these actions?

2 Answers

Rating
  • 1 decade ago
    Favorite Answer

    If the central bank sells $1 million of government

    bonds, what is the effect on the economy’s reserves and money supply?

    Ans: 央行賣出$1m的公債, reserve增加$1m, Money supply增加$10m(因為貨幣乘數是10)

    Now suppose the central bank lowers the reserve requirement to 5 percent, but banks choose to hold another 5 percent of deposits as excess reserves. Why might banks do so? What is the overall change in the money multiplier and the money supply as a result of these actions?

    Ans: 銀行有超額準備可能是依其實際資金使用需要而多預留的準備金, 此時貨幣乘數會從(只有法定準備率5%時的)20降低為(多了超額準備率5%的)10, 相對應的貨幣供給會從(貨幣乘數為20時)增加$20m 變成為( 貨幣乘數為10時)只增加$10m

    2010-05-17 08:40:12 補充:

    Sorry, 我題目未仔細看清楚, 以上答案不正確, 應該改成如下才對:

    第一題Ans: 央行賣出$1m的公債, 準備金減少$1m, 貨幣供給減少$10m(因為貨幣乘數是10)

    第二題Ans: 銀行有超額準備可能是依其實際資金使用需要而多預留的準備金, 此時貨幣乘數會從(只有法定準備率5%時的)20降低為(多了超額準備率5%的)10, 若央行賣出$1m的公債,則會使貨幣供給從減少$20m (因貨幣乘數為20) 變成為只減少$10m ( 因貨幣乘數為10)

    Source(s): myself, myself
  • 易霈
    Lv 7
    1 decade ago

    其實經濟學對於在學其間從大一到研究所考試都很重要

    現在很多人也會考相關證照、公職考試,都有經濟學的應用考科

    不過學校的上課成效有限,自己看書也不一定能夠了解圖形畫法

    而且內容也沒辦法應付考試

    可以考慮勝考力的經濟學教材,拍攝老師的教課課程

    在家裡學習,不管學校老師用原文書也好,上課聽不懂也好

    只要回到家就可以自己重新開始哦!

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