high powered money
The total amount of currency held by the public, as well as cash in the vaults of financial institutions, and bank deposits at the Federal Reserve. The Federal Reserve Bank maintains close Control over the amount of high powered money that can influence its monetary policy decisions. also called the monetary base.
Browse by Subjects
Committee on Accounting Procedure
running account credit
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):