In October 2024
Answer to Question #285287 in Microeconomics for Jordan
Explain critically the relationship between money supply and high powered money
High-powered money is the liability of the monetary authority that is known as the monetary base. The relationship between Money supply and high-powered money can be expressed as M=m.H. M represents the stock money, H-high powered money and m is the link that connects high powered money and stock money.
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