the monetary base is the amount of coin and currency in circulation plus reserves


total a that is either in the hands of the public or in the commercial bank deposits held in the central bank’s .

, , account balances three components of .

The Federal notes outstanding this that is in the hands of

W-42. Appendix to Chapter 8. high-powered . Recognizing that Treasury and Federal can be lumped together into the category , denoted by C, equals the sum of R. …

Monetary base – Wikipedia

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Monetary Base and Money Supply –