answersLogoWhite

0

Deposits and currency held by the public and federal reserves bank.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

What are some uses for high powered lasers?

High powered lasers are typically used for various needs such as hair removal, surgery, spacecraft, spectrodcopy and even in investigation procedures.


What is high power money?

High-powered money refers to the narrowest definition of the money supply, consisting of physical cash (coins and currency) in circulation and commercial bank reserves held at the central bank. It is also known as the monetary base and is important because changes in high-powered money can influence the broader money supply and the economy.


Why does Monetary base considered as high powered money?

The monetary base, also known as high-powered money, consists of currency in circulation and reserves held by banks at the central bank. It is termed "high-powered" because it serves as the foundation for the money supply in the economy, allowing banks to create additional money through the process of fractional reserve banking. A change in the monetary base can lead to a multiplied effect on the total money supply, influencing interest rates and overall economic activity. Thus, it plays a critical role in monetary policy and economic stability.


What are some uses for high power Laser devices?

The are many different uses for laser devices. However, the high powered ones are usually used in devices not generally available to the public, including many types of weapons.


What is the duration of High Powered?

The duration of High Powered is 1.03 hours.


When was High Powered created?

High Powered was created in 1945-02.


Should billy parrott be shot?

Do you have a high powered rifle? Do you have a high powered rifle?


High Powered Supplies Uses More Energy?

Yes, the high voltage power tools do perform better than those that are not. If not necessary, other tools would save on electricity.


What is meant by electromagnetic air lock?

A electromagnetic lock uses high powered electromagnets to seal a door rather than traditional bolt systems.


What are the release dates for High Powered - 1945?

High Powered - 1945 was released on: USA: February 1945


What does a solar powered calculator uses?

solar cells


What is the explanation for the determinants of high-powered money.?

Bank reserves and currency held by the public-is ultimately under the control of government,which have authority to alter the conditions of issue & to change the quantity of outstanding.statutory regulations concerning money therefore play an important role in monetary histories of the most countries and in particular of the united states. For the united states,high-powered money are gold coins or certificates and other money fully backed by gold;paper money or deposits balance not secured by gold reserves.