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程小轩 · 2024年05月12日

M2 是什么?

NO.PZ2023041102000028

问题如下:

Daltonia is a medium sized developing country. Naim Birol, Minister of Finance for Daltonia, wants to be on the lookout for situations which might trigger a currency crisis. He and his colleague Pamuk discuss recent economic developments that might provide potential warning signs.Ÿ

Birol: “Moving our currency to a floating exchange rate has reduced our susceptibility to a currency crisis.”Ÿ

Pamuk: “Banking crises often precede currency crises, but our banking sector has grown and strengthened substantially by offering foreign denominated savings accounts to foreign investors and lending those funds for domestic infrastructure investments.”Ÿ

Pamuk: “I’m concerned that the ratio of exports to imports has been increasing recently and the ratio of M2 to bank reserves has been falling.”

Which of the recent economic developments discussed by Birol and Pamuk is most likely to lead to a currency crisis?

选项:

A.The banking sector

B.The exchange rate system

C.The trend in terms of trade and monetary ratios

解释:

A is correct. Pamuk’s description of growth in the banking sector coupled with short-term funding denominated in foreign currency can lead to a currency crisis.

B is incorrect.Countries with fixed or partially fixed exchange rates are more susceptible.

C is incorrect.Broad measures of money such as M2 are likely to be rising (not falling) just prior to a crisis.

A正确。帕慕克对银行业增长的描述,加上以外币计价的短期融资,可能导致货币危机。

B不正确。实行固定汇率或部分固定汇率的国家更容易受到影响。

C不正确。广义货币指标,如M2,在危机发生前可能会上升(而不是下降)。

M2是什么,能解释一下吗,已经忘了

1 个答案

笛子_品职助教 · 2024年05月13日

嗨,爱思考的PZer你好:


M2是什么,能解释一下吗,已经忘了


Hello,亲爱的同学~

M2的解释如下:广义货币供应量(Broad Money Supply)是货币供给的一种口径,以M2来表示。其计算方法是交易货币(M1,即社会流通货币总量加上活期存款)+ 机关、团体、部队、企业和事业单位在银行的定期存款、城乡居民储蓄存款外币存款和信托类存款。


同学可以简单理解为:M1(现金 + 活期存款) + 定期存款。

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