Money supply - money supply

Japanese: 貨幣供給量 - かへいきょうきゅうりょう
Money supply - money supply

...As for labor supply, it is often pointed out that it is increasing with respect to real wages, but may become decreasing in a backward-bending manner for sufficiently high real wage levels, based on an analysis of consumer behavior that compares the disutility of labor with the utility of the consumption level made possible by wage income, or the marginal rate of substitution between leisure and consumption and the real wage rate. The money supply is statistically represented by M1 , which means cash plus demand deposits, or M2 , which means M1 plus deposit currency, and is the amount of currency that the monetary authorities adjust the supply of through monetary policy. [Toshiko Hayashi]...

*Some explanations of terms that mention "money supply" are listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

Japanese:

…また労働供給については,労働の不効用と賃金収入によって可能となる消費水準の効用との比較,あるいは余暇と消費の限界代替率と実質賃金率との比較を行う消費者行動の分析に基づいて,実質賃金に関して増加的であるが,十分高い実質賃金水準に対しては後方屈折的に減少的となる可能性があることがしばしば指摘される。なお貨幣供給量(マネー・サプライ)とは,統計的には,現金プラス要求払預金を意味するM1あるいはM1プラス預金通貨を意味するM2によって代表されるが,通貨当局が金融政策を通じて供給を調節する通貨量のことである。【林 敏彦】。…

※「貨幣供給量」について言及している用語解説の一部を掲載しています。

出典|株式会社平凡社世界大百科事典 第2版について | 情報

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