narrowly defined money supply

简明释义

狭义的货币供应量

英英释义

例句

1.The narrowly defined money supply includes cash and checking deposits, which are crucial for daily transactions.

狭义货币供应量包括现金和支票存款，这对日常交易至关重要。

2.During economic downturns, the government may increase the narrowly defined money supply to stimulate growth.

在经济衰退期间，政府可能会增加狭义货币供应量以刺激增长。

3.Economists often analyze the narrowly defined money supply to gauge inflationary pressures in the economy.

经济学家通常分析狭义货币供应量以评估经济中的通货膨胀压力。

4.The central bank reported a decrease in the narrowly defined money supply as part of its monetary policy adjustments.

中央银行报告称，作为货币政策调整的一部分，狭义货币供应量有所减少。

5.A rise in the narrowly defined money supply can indicate that more money is available for consumer spending.

增加的狭义货币供应量可能表明消费者支出的可用资金增多。

作文

In the realm of economics, the concept of money supply is crucial for understanding how economies function. One important aspect of this concept is the idea of narrowly defined money supply, which refers to a specific measurement of the total amount of money available in an economy at a particular time. This measurement typically includes physical currency, such as coins and paper bills, as well as demand deposits held by banks. Understanding narrowly defined money supply is essential for economists and policymakers, as it provides insights into liquidity in the economy and helps in formulating monetary policy.The narrowly defined money supply is often contrasted with broader definitions of money supply, which may include other forms of money, such as savings accounts and other liquid assets. By focusing on a more limited scope, the narrowly defined money supply allows economists to analyze short-term economic trends and the immediate effects of monetary policy changes. For instance, when central banks adjust interest rates or engage in open market operations, the impact on the narrowly defined money supply can be observed more directly than if one were to consider a broader definition that includes less liquid assets.One of the primary reasons why understanding the narrowly defined money supply is important is its relationship to inflation and economic growth. When the narrowly defined money supply increases rapidly without a corresponding increase in goods and services, it can lead to inflation. Conversely, if the narrowly defined money supply contracts, it may signal a tightening of liquidity, which can slow down economic growth and potentially lead to a recession. Therefore, monitoring the narrowly defined money supply provides valuable information about the health of an economy and the effectiveness of monetary policy measures.In recent years, the global economy has faced numerous challenges, including financial crises and unprecedented monetary policy responses. Central banks have employed various tools to manage the narrowly defined money supply, such as quantitative easing, which involves purchasing government securities to inject liquidity into the economy. This has led to significant changes in the narrowly defined money supply and has raised questions about the long-term implications for inflation and economic stability.Another critical aspect of the narrowly defined money supply is its role in the banking system. Banks are the primary institutions that create and manage money supply through their lending activities. When banks extend loans, they effectively increase the narrowly defined money supply by creating new deposits. This process is known as fractional reserve banking, where banks only keep a fraction of deposits as reserves while lending out the rest. Understanding this mechanism is vital for comprehending how changes in the narrowly defined money supply can affect overall economic activity.In conclusion, the narrowly defined money supply is a fundamental concept in economics that helps analysts and policymakers understand the dynamics of money, inflation, and economic growth. By focusing on this specific measurement, we can gain insights into the immediate effects of monetary policy and the overall health of the economy. As we move forward in a rapidly changing economic landscape, the importance of monitoring the narrowly defined money supply will continue to grow, serving as a key indicator of economic stability and growth potential.

在经济学领域，货币供应的概念对于理解经济如何运作至关重要。这个概念的一个重要方面是狭义货币供应，它指的是特定时间内经济中可用货币的总量的具体测量。这个测量通常包括现金，如硬币和纸币，以及银行持有的活期存款。理解狭义货币供应对经济学家和政策制定者至关重要，因为它提供了有关经济流动性的信息，并有助于制定货币政策。狭义货币供应通常与更广泛的货币供应定义形成对比，后者可能包括其他形式的货币，例如储蓄账户和其他流动资产。通过关注更有限的范围，狭义货币供应使经济学家能够分析短期经济趋势以及货币政策变化的直接影响。例如，当中央银行调整利率或进行公开市场操作时，对狭义货币供应的影响可以比考虑包括不太流动的资产的更广泛定义更直接地观察到。理解狭义货币供应的重要原因之一是它与通货膨胀和经济增长之间的关系。当狭义货币供应迅速增加而没有相应增加商品和服务时，可能会导致通货膨胀。相反，如果狭义货币供应收缩，可能会发出流动性紧缩的信号，这可能减缓经济增长并可能导致衰退。因此，监测狭义货币供应提供了关于经济健康状况和货币政策措施有效性的宝贵信息。近年来，全球经济面临诸多挑战，包括金融危机和前所未有的货币政策反应。中央银行采用各种工具来管理狭义货币供应，例如量化宽松，这涉及购买政府证券以向经济注入流动性。这导致了狭义货币供应的重大变化，并引发了关于通货膨胀和经济稳定的长期影响的问题。狭义货币供应的另一个关键方面是其在银行系统中的作用。银行是通过其贷款活动创造和管理货币供应的主要机构。当银行发放贷款时，它们实际上通过创造新存款来增加狭义货币供应。这一过程被称为部分准备金银行制度，银行只将一部分存款作为准备金保留，同时将其余部分借出。理解这一机制对于理解狭义货币供应的变化如何影响整体经济活动至关重要。总之，狭义货币供应是经济学中的一个基本概念，有助于分析师和政策制定者理解货币、通货膨胀和经济增长的动态。通过关注这一特定测量，我们可以深入了解货币政策的即时效果以及经济的整体健康状况。随着我们在快速变化的经济环境中前进，监测狭义货币供应的重要性将继续增长，成为经济稳定和增长潜力的关键指标。