| 单词 | money supply |
| 释义 | money supply The amount of money in an economy. This may be the country's own money, supplied by its banking system, or foreign money, used in preference to domestic money. There is no single accepted definition of what constitutes money: while notes and coin are legal tender and must be included in any definition, and bank deposits repayable on demand are unlikely to be excluded, there are various types of deposit in non-bank financial intemediaries such as building societies, and various forms of highly liquid security, which can be included or excluded in various ways. Even unused postage stamps and uncashed postal orders could be used as money, though they are not included in any current definition. For various definitions applied in the UK see M0 to M5. Most economists believe there is some long-run connection between the money supply and inflation, but because the quantity of money varies differently according to which definition is used, checking this statistically presents problems. The monetary authorities can influence the money supply through monetary and fiscal policy, but have difficulty in controlling it precisely. The money supply on narrow definitions has the best correlation with inflation, but is hard to control since many forms of broad money can easily be converted into narrow money on the initiative of the holders. |
| 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。