112-123

• Ionescu, Stefan Alexandru
• Voicu, Andreea Raluca
• Ionescu, Alexandru

As concerns the process to traverse the macroeconomics analysis reasoning of the budgetary earnings andexpenses, there shall be crossed the phases whose target consists in defining and understanding the „the balancedproduction” term. The issue of the consequences generated by the increase of the real quantity of money on theinterest rate from the transmission mechanism point of view is by means of the monetary policy managementmechanism that the National Bank shall control the money stock as an independent variable, and, consequently, shallalso control the interest rate and the available income as associate variables. The multiplier modelling process canmake it possible to render evident a possible interaction between the central bank and the other banks as concerns themoney offer. This interaction implies an adjustment mechanism that consists in re-defining the monetary base, in reformulatingthe multiplier, and in studying the money – credit relationship.

• Economics and Business

• Οικονομία
• Economics
• Financial management

macroeconomics modeling, cybernetic systems, money supply, multiplier process, interest rate, monetary base

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