Abstract

A model of functioning of an open economy with a currency market is presented. It allows determining macroeconomic indicators in the medium term with the Central Bank monetary regulation of the amount of money in circulation, interest rates, and the ratio of cash to demand deposits and under governmental regulation of reproduction of the capital available in production. The currency rate is determined by the function that is directly proportional to monetary inflation and real consumer demand and is inversely proportional to the currency intervention of the Central Bank and transactions.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.