How To Calculate The Money Supply

14 December 2018, 15:13

Picture: PA

How does the royal mint know how much money to produce every day?



Name: Matthew, Bromley

Qualifications: Economics background

Answer: Technically the royal mint does not know how much to produce.

The royal mint is an independent company that has a contract with the Bank of England.

The Bank of England tells them how much money to produce.

They calculate the money supply (the money going in and out of the economy) through inflation.

The Bank of England can then tell the royal mint how many coins they need.

Source :

Terima Kasih Telah Mengunjungi Website Ini Check Out Our New Products !
How Does The Royal Mint Make Money?
What Is Net Present Value and How Do You Calculate It?
How to Perform a Stock Trade Analysis
How to Avoid A Wipe Out When Trading
Universal Basic Income: From J&K to Bihar, An Idea Whose Time Has Come, Says Arvind Subramanian
How to Save Energy and Cut Cooling Costs
Drink up – how your drinking water alters the nitrogen cycle
How to Keep Lights On When the Power Fails
[LIMITED STOCK!] Related eBay Products