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China M2 money supply vs USA M2 money supply Comparative chart on money supply growth against ... M1, M2 and M3, and euro zone GDP from 1980–2021. Logarithmic scale.
A log–log plot of y = x (blue), y = x 2 (green), and y = x 3 (red). Note the logarithmic scale markings on each of the axes, and that the log x and log y axes (where the logarithms are 0) are where x and y themselves are 1. Comparison of linear, concave, and convex functions when plotted using a linear scale (left) or a log scale (right).
A base-10 log scale is used for the Y-axis of the bottom left graph, and the Y-axis ranges from 0.1 to 1000. The top right graph uses a log-10 scale for just the X-axis, and the bottom right graph uses a log-10 scale for both the X axis and the Y-axis. Presentation of data on a logarithmic scale can be helpful when the data:
Money supply is determined by central bank decisions and willingness of commercial banks to loan money. Money supply in effect is perfectly inelastic with respect to nominal interest rates. Thus the money supply function is represented as a vertical line – money supply is a constant, independent of the interest rate, GDP, and other factors.
Capitalism portal. Business portal. v. t. e. Supply chain as connected supply and demand curves. In microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, the unit price for a particular good or other traded item in a perfectly competitive market, will vary until it ...
Money supply, saving and investment combine to determine the level of income as illustrated in the diagram, [59] where the top graph shows money supply (on the vertical axis) against interest rate. M̂ determines the ruling interest rate r̂ through the liquidity preference function.
Log probability. In probability theory and computer science, a log probability is simply a logarithm of a probability. [1] The use of log probabilities means representing probabilities on a logarithmic scale , instead of the standard unit interval. Since the probabilities of independent events multiply, and logarithms convert multiplication to ...
The measure of the velocity of money is usually the ratio of the gross national product (GNP) to a country's money supply. If the velocity of money is increasing, then transactions are occurring between individuals more frequently. [3] The velocity of money changes over time and is influenced by a variety of factors.