1. Central bank balance sheet Central Bank – gold standard _____________________________________________________________________________ Gold ($ value = Pg·G) |Banknotes…

Monetary Policy and Foreign Exchange Rates Daniels and VanHoose FUNDAMENTAL ISSUES What is the monetary approach to exchange-rate determination? What are the main assets…

Slide 1Copyright  2011 Pearson Canada Inc. 16- 1 Chapter 16 The Money Supply Process Slide 2 Copyright  2011 Pearson Canada Inc. 16- 2 Players in the Money Supply Process…

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Slide 1 Rational Expectations and the Efficient Market Hypothesis Slide 2 Role of Expectations Expectations are important in every sector and market in the economy 1.Asset…

Slide 1 1 The Money Supply Process Chapter 14 Slide 2 2 Players in the Money Supply Process Central bank (Federal Reserve System) Central bank (Federal Reserve System) Banks…

Slide 1 The Business of Banking and the Money Supply Process Banking and Money Supply Slide 2 What Are Banks? Investment banks. Central Banks Commercial Banks Savings Banks…

Slide 1 Chapter 16 Determinants of the Money Supply Slide 2 © 2004 Pearson Addison-Wesley. All rights reserved 16-2 Deriving a model of the money supply process Because…

Slide 1 Chapter 20 The Fed, Depository Institutions, and the Money Supply Process Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved.…

Slide 1 25-Money Supply Process Slide 2 Commercial Bank Balance Sheet AssetsLiabilitites LoansDeposits U.S. BondsBorrowings from Banks Foreign BondsBorrowings from Fed Reserves…