Money of forms that qualify it to be used as commercial bank reserve assets. Such money is ‘high-powered’ because if the commercial banking system maintains a reserve ratio of a, an additional £1m of high-powered money allows total deposits to expand by £(1/a)m. Some monetarists have argued that if the central bank controls ‘base’ or high-powered money, the rest of the money supply will adapt automatically.

• cost
• cost accounting
• cost-benefit analysis
• cost centre
• cost curve
• cost-effectiveness
• cost function
• cost inflation
• cost, insurance, and freight
• cost minimization
• cost of capital
• cost of living index
• cost of protection
• cost-plus pricing
• cost-push inflation
• costs
• cost schedule
• council
• Council for Mutual Economic Assistance
• council housing
• Council of Economic Advisers
• Council Tax
• counter party
• counter-party credit risk
• counter-trade