Which of the measures of the monetary aggregates is composed of the most liquid assets External SectorSDDS Data Category and ComponentBalance of Payments PositionOverall Balance of PaymentsCurrent AccountsNet Goods and Servicesa. Net Goodsa.1a.2b. Net Servicesb.1 Exports of Services.b.2 Imports of ServicesExports of GoodsImports of GoodsNet Primary IncomeNet Secondary IncomeNet Capital AccountFinancial AccountNet Direct InvestmentsNet Portfolio InvestmentsNet Financial DerivativesNet Other InvestmentsChange in Net ReservesInternational ReservesInternational Reserves and Foreign Currency Liquidity**International Investment Position (IIP) ***AssetsDirect InvestmentPortfolio InvestmentFinancial DerivativesOther InvestmentReserve AssetsLiabilitiesDirect InvestmentPortfolio InvestmentFinancial DerivativesOther InvestmentExternal DebtExchange RatesPhilippine Peso per US DollarForward RatesUnit DescriptionIn million USSIn million US$In million USSIn million USSIn million US$In million USSIn million US$In million US$In million US$In million US$In million US$In million US$In million US$In million US$In million US$In million USSIn million US$In million US$In million US$In million USSIn million US$In million US$In million US$In million US$In million US$In million US$In million US$In million US$In million US$In million US$In million US$In million US$In million USSIn million US$Date ofLatestAug 2023Q2 2023Q2 2023Q2 2023Q2 2023Q2 2023Q2 2023Q2 2023Q2 2023Q2 2023Q2 2023Q2 2023Q2 2023Q2 2023Q2 2023Q2 2023Q2 2023Q2 2023Q2 2023Aug 2023Aug 2023Q1 2023Q1 2023Q1 2023Q1 2023Q1 2023Q1 2023Q1 2023Q1 2023Q1 2023Q1 2023Q1 2023Q1 2023Q2 20234-Oct-23ObservationsLatest Data-57-1,193-3,595-11,799-16,04013,80329,8434,24111,0346.7939307,27418-1,981-1,326823-72-1,406-1,19399,568 a/BSP-47,040234.29368,87136,27049227,111101,548281,333116,57887,40332177,031117,91856.880Previous Data-533,453-4,619-12,740-17,18312,77229,9544.44310,8136,3707687,35318-6,379-739-70620-4,9553,45399,951BSP-40,132229,13567,28035,67857329,45596,149269,267112,96582,02737273,903118,81256.728More Info|BSPBSPBSPBSPBSPBSPBSPBSPBSPBSPBSPBSPBSPBSPBSPBSPBSPBSPBSPBSPBSPBSPBSP Financial SectorSDDS Data Category and ComponentAnalytical Accounts of the Depository Corporations Subsector (Banking Subsector): SRF-Based 1/Total Liquidity Aggregates (M4) and Liabilities Excluded from Broad MoneyCurrency and Transferable Deposits (M1)Currency Outside Depository Corporations and Deposits (M2)Broad-Money Liabilities: Domestic Liquidity (M3)In million PesosIn million PesosIn million PesosIn million PesosIn million PesosIn million PesosIn million PesosNet Claims on Central GovernmentClaims on Other SectorsNet Foreign AssetsCentral Bank SurveyNet Foreign AssetsDomestic ClaimsReserve MoneyLiabilities Other Than Reserve MoneyInterest RatesBSP Rediscount RateBSP Policy RatesUnit Descriptiona. Lending (OLF)b. Target Reverse Repurchase (RRP)In million PesosIn million PesosIn million PesosIn million PesosIn percent per annumIn percent per annumDate ofLatestAug 2023Aug 2023Aug 2023Aug 2023Aug 2023Aug 2023Aug 2023Aug 2023Aug 2023Aug 2023Aug 2023Aug 20234-Oct-234-Oct-23ObservationsLatest Data23,913,827 P/6,465,417 P/15,998,726 P/16,466,730 P/4,691,774 P/12,678,499 P/6,543,554 P/5,681,032 P/403,755 P/3,322,191 P/2,762,596 P/6.756.25Previous Data23,448,008 P/6,402, 503 P/15,772,122 P/16,242,048 P/4,523,432 P/12,601,186 P/6,323,390 P/5,504,409 P/, r/282,899 P/, r/3,393,097 P/2,394,211 P/, r/6.756.25More InfoBSPBSPBSPBSPBSP

Liquid assets are assets that can be easily converted into cash without losing their value. Examples…

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Which of the measures of the monetary aggregates is composed of the most liquid assets

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Concept explainers

Required Reserve and Excess Reserve Analysis

A required reserve is an amount of cash that banks must keep with themselves, which is certain percentage of the deposits made by their customers. Required reserve is a percentage of the bank's deposits that the respective bank must have on each overnight. The percentage rate is set and determined by the nation’s central bank. It is important to have such funds accumulated to meet its uncertain obligations, sudden liabilities and withdrawals. Required reserve is also known as reserve ratio. Reserve ratio is an important tool to control the money supply.

Question

Which of the measures of the monetary aggregates is composed of the most liquid assets

External Sector
SDDS Data Category and Component
Balance of Payments Position
Overall Balance of Payments
Current Accounts
Net Goods and Services
a. Net Goods
a.1
a.2
b. Net Services
b.1 Exports of Services.
b.2 Imports of Services
Exports of Goods
Imports of Goods
Net Primary Income
Net Secondary Income
Net Capital Account
Financial Account
Net Direct Investments
Net Portfolio Investments
Net Financial Derivatives
Net Other Investments
Change in Net Reserves
International Reserves
International Reserves and Foreign Currency Liquidity**
International Investment Position (IIP) ***
Assets
Direct Investment
Portfolio Investment
Financial Derivatives
Other Investment
Reserve Assets
Liabilities
Direct Investment
Portfolio Investment
Financial Derivatives
Other Investment
External Debt
Exchange Rates
Philippine Peso per US Dollar
Forward Rates
Unit Description
In million USS
In million US$
In million USS
In million USS
In million US$
In million USS
In million US$
In million US$
In million US$
In million US$
In million US$
In million US$
In million US$
In million US$
In million US$
In million USS
In million US$
In million US$
In million US$
In million USS
In million US$
In million US$
In million US$
In million US$
In million US$
In million US$
In million US$
In million US$
In million US$
In million US$
In million US$
In million US$
In million USS
In million US$
Date of
Latest
Aug 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Q2 2023
Aug 2023
Aug 2023
Q1 2023
Q1 2023
Q1 2023
Q1 2023
Q1 2023
Q1 2023
Q1 2023
Q1 2023
Q1 2023
Q1 2023
Q1 2023
Q1 2023
Q2 2023
4-Oct-23
Observations
Latest Data
-57
-1,193
-3,595
-11,799
-16,040
13,803
29,843
4,241
11,034
6.793
930
7,274
18
-1,981
-1,326
823
-72
-1,406
-1,193
99,568 a/
BSP
-47,040
234.293
68,871
36,270
492
27,111
101,548
281,333
116,578
87,403
321
77,031
117,918
56.880
Previous Data
-53
3,453
-4,619
-12,740
-17,183
12,772
29,954
4.443
10,813
6,370
768
7,353
18
-6,379
-739
-706
20
-4,955
3,453
99,951
BSP
-40,132
229,135
67,280
35,678
573
29,455
96,149
269,267
112,965
82,027
372
73,903
118,812
56.728
More Info
|
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP
BSP

Financial Sector
SDDS Data Category and Component
Analytical Accounts of the Depository Corporations Subsector (Banking Subsector): SRF-Based 1/
Total Liquidity Aggregates (M4) and Liabilities Excluded from Broad Money
Currency and Transferable Deposits (M1)
Currency Outside Depository Corporations and Deposits (M2)
Broad-Money Liabilities: Domestic Liquidity (M3)
In million Pesos
In million Pesos
In million Pesos
In million Pesos
In million Pesos
In million Pesos
In million Pesos
Net Claims on Central Government
Claims on Other Sectors
Net Foreign Assets
Central Bank Survey
Net Foreign Assets
Domestic Claims
Reserve Money
Liabilities Other Than Reserve Money
Interest Rates
BSP Rediscount Rate
BSP Policy Rates
Unit Description
a. Lending (OLF)
b. Target Reverse Repurchase (RRP)
In million Pesos
In million Pesos
In million Pesos
In million Pesos
In percent per annum
In percent per annum
Date of
Latest
Aug 2023
Aug 2023
Aug 2023
Aug 2023
Aug 2023
Aug 2023
Aug 2023
Aug 2023
Aug 2023
Aug 2023
Aug 2023
Aug 2023
4-Oct-23
4-Oct-23
Observations
Latest Data
23,913,827 P/
6,465,417 P/
15,998,726 P/
16,466,730 P/
4,691,774 P/
12,678,499 P/
6,543,554 P/
5,681,032 P/
403,755 P/
3,322,191 P/
2,762,596 P/
6.75
6.25
Previous Data
23,448,008 P/
6,402, 503 P/
15,772,122 P/
16,242,048 P/
4,523,432 P/
12,601,186 P/
6,323,390 P/
5,504,409 P/, r/
282,899 P/, r/
3,393,097 P/
2,394,211 P/, r/
6.75
6.25
More Info
BSP
BSP
BSP
BSP
BSP

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