Question: T-account Analysis for Note Issuing Mechanism Example: An extra issue of 100 units of banknote (If the public needs 100units of banknote) 1. Central Bank

T-account Analysis for Note Issuing Mechanism Example: An extra issue of

T-account Analysis for Note Issuing Mechanism Example: An extra issue of 100 units of banknote (If the public needs 100units of banknote) 1. Central Bank Issuing Mechanism Deposit Cash The Publice -100% +1004 Banks Customer deposit -100 Reserve Deposit w/ Central bank -100- Central Bank Deposits of banks Banknote -100- +1004 httt Currency Board Issuing Mechanism The Public Deposit -1004 Cash +100 L Foreign Currency Asset CIS Banks -100 Customer deposit +100 Banknote -100 +100 C Central bank +100 CIS Foreign Currency Asset +100 tt T-account Analysis for Note Issuing Mechanism Example: An extra issue of 100 units of banknote (If the public needs 100units of banknote) 1. Central Bank Issuing Mechanism Deposit Cash The Publice -100% +1004 Banks Customer deposit -100 Reserve Deposit w/ Central bank -100- Central Bank Deposits of banks Banknote -100- +1004 httt Currency Board Issuing Mechanism The Public Deposit -1004 Cash +100 L Foreign Currency Asset CIS Banks -100 Customer deposit +100 Banknote -100 +100 C Central bank +100 CIS Foreign Currency Asset +100 tt

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