Impact of increase in currency-to-deposit ratio on monetary base, the money supply, and economic growth, and the money supply.
If the currency-to-deposit ratio increases, what effect, if any does this have on the monetary base, the money supply, total deposits, and economic growth?
A. Does the Federal Reserve have complete control over the money supply at all times? Why or Why not? Illustrate what is the difference among the monetary base and the money supply?