Anderson, Richard G. (contributor); … - 2001 - [Elektronische Ressource]
-quality corporate bonds and an appropriate functional form is selected, the quantity of base
money demanded is found to be a stable … reflect those of the Federal Reserve
Bank of St. Louis nor the Federal Reserve System.
2
In a fiat-money economy, the price … level is anchored by the “outside money,” or monetary
base, provided by the central bank. In such an economy, the monetary …