And third, who will issue the monetary base?
第三、谁来发行基础货币？
However, the monetary base is a part of the money supply.
然而，货币基础仅是货币供应的一部分。
Therefore, the structure of monetary base influences the money supply as well.
这说明高能货币的结构也会影响货币供给。
As we know, money supply lies on monetary multiplier and base money.
货币供给量由两个因素决定，即货币乘数和基础货币。
Money supply is decided by base money and monetary multiplier.
货币供给由基础货币和货币乘数决定。
Money supply is decided by base money and monetary multiplier.
货币供给由基础货币和货币乘数决定。
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