| 单词 | real balances |
| 释义 | real balances The money supply divided by a suitable price index. This gives the amount of real goods and services which could be obtained by spending it. Changes in real balances are a function of changes in the money supply and changes in the price level: real balances rise if the money supply increases proportionally faster than the price level. The amount of real balances people wish to hold is an increasing function of their real incomes, and may be a decreasing function of interest rates and/or the rate of inflation. |
| 随便看 |
|
英汉经管词典收录了3426条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。