1.graph the effect on the nominal interest rate for the following changes in the money market.a.the fed pursues contractionary policy.b.individuals ,worries about future economic conditions ,decide to hold more cashc.banks install ATM machines on every block and make cash readliy available
1.graph the effect on the nominal interest rate for the following changes in the money market.
a.the fed pursues contractionary policy.
b.individuals ,worries about future economic conditions ,decide to hold more cash
c.banks install ATM machines on every block and make cash readliy available
就是需求供给和利率的关系,我觉得这里题目要求的只是在货币市场,所以2楼没必要引进IS曲线讨论商品市场和货币市场的一般均衡吧!画个图:
a.*控制的货币供给曲线垂直,货币需求曲线向下倾斜,横轴为货币量,纵轴为利率.美联储采取货币紧缩政策,供给曲线左移,利率提高,货币量减少.
b.个人担忧未来经济情况而持有更多现金,货币需求增加,货币需求曲线右移供给不变下,利率提高,货币量不变.
c.银行安装ATM取款机,使支取可用现金变得容易.若在经济繁荣期,则货币需求曲线沿货币供给曲线下移,货币需求减少货币供给不变下,利率下降,货币量不变.如若在经济衰退期,则跟上面情况相反.
上面英文翻译:
a. government-controlled money supply curve is vertical, the money demand curve slopes downward, the horizontal axis is the amount of money, the vertical axis for the interest rate. Fed to tighten monetary policy, the supply curve to the left, interest rates, reducing the amount of money.
b. personal concerns about future economic conditions and hold more cash, money demand, money demand curve to the right supply constant, interest rates, money supply unchanged.
c. Install ATM bank teller machines, cash available to make it easy to draw. If the economic boom, the money demand curve downward along the curve of the money supply, money demand money supply constant, interest rates, money supply unchanged. Should the economic recession, then the opposite as above.