Why might a measure of aggregate transaction balances be regarded as useful for a central bank for
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Why might a measure of aggregate transaction balances be regarded as useful for a central bank for monetary policy purposes? What is the label given to this measure? What is the label given to a broader measure that also includes deposits that are easily converted into standard transaction balances?
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A measure of aggregate transaction balances is useful for a central bank for monetary policy purpose...View the full answer
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Joemar Canciller
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Related Book For 
Financial Markets Banking And Monetary Policy
ISBN: 9781118872239
1st Edition
Authors: Thomas D. Simpson
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