货币

The effectiveness of the equilibrium credit rationing behavior to our monetary policy mainly express in following aspects: The first, the creation of the equilibrium credit rationing behavior influence the National Central Bank's activity of adjusting the control of foundational monetary directly; The second, the existence of the equilibrium credit rationing behavior inevitably influence the effectiveness of the National Central Bank controls the policy of the market interest rate; The third, the equilibrium credit rationing behavior would influence the monetary multiplicator; The fourth, the existence of the equilibrium credit rationing behavior would result the partition of the credit market.

均衡性信贷配给对我国货币政策的影响主要表现在以下几个方面：第一，均衡信贷配给的产生直接影响中央银行调控基础货币投放的主动性；第二，均衡信贷配给的存在必然影响中央银行控制市场利率政策的效力；第三，均衡性信贷配给影响货币乘数；第四，信贷配给的存在导致信贷市场的分割。

The author takes the government expenditure and the currency supply as exogenous variables,and take the real GDP as explained variable to simulate to determine their corresponding dynamic multiplicator and the long-term total multiplicator.

货币学派主张，在长期只有货币供给会对经济增长产生影响，而政府支出几乎不起作用；与之相反，凯恩斯主义者则指出，一国的财政政策尤其是政府支出能够对宏观经济产生深远的影响，但货币政策却收效甚微。

The occurrence of euro is the international money system is the most significant change since 50 one's remaining years, it is in become stable currency to reach after having high negotiability, after will making afterwards dollar, yen the strong currency on another international.

欧元的出现是国际货币体系50余年以来最重要的改变，它在成为稳定货币及具备高度流通性之后，将成为继美元、日元之后另一国际上的强势货币。

Benjamin M has described this complex and absorbing topic as followed: in practice, few people expect the monetary policy is noneffective, and during the time when the interest rate ascends, the investors will anticipate the increase of output to be slowered and the idleness problem to be sharpened, at the same time the government also expects to regulate the economy through monetary policy.

Benjamin M， 1995）曾经客观和恰当地概括了这个问题：实践中，几乎没有人认为货币政策是无效的，当货币紧缩时，投资者会预期产出增长率将下降，失业现象会加重；政策制定者也都希望能通过货币政策操作来调整经济运行。

By reviewing the relevant literature on OCA theory and its analysis on costs and benefits, I would like to construct a theoretical framework to analyze the costs and benefits of a currency area.

通过对经典最优货币区理论及其货币区的成本—收益分析的回顾，构建一个理论框架分析了一国加入货币区的成本和收益。

The user insets the money into the slit, and then the coin recognizer identify the inserted money and add it up; then the MCU sends out the signals about sellable goods by lighting the pilot lamp, so that the user can choose what he or she wants to buy; following the user presses the key related the goods which he or she wants to buy, and then the key makes single chip to start relevant parts to push out the goods, and now the buyer can get the goods. If there still left enough money, the user can buy another goods.

用户将货币投入投币口，货币识别器对所投货币进行识别；控制器根据金额将商品可售卖信息通过选货按键指示灯提供给用户，由用户自主选择欲购买的商品；按下用户选择商品所对应的按键，控制器接收到按键所传递过来的信息，驱动相应部件，售出用户选择的商品到达取物口；如果还有足够的余额，则可继续购买。

Article 98 Enterprises which must complete procedures for tax refunds in the case of overpayments of tax may, where income in foreign currency has already been converted into Renminbi according to the foreign exchange rate, convert the amount of the tax in Renminbi to be refunded into foreign currency according to the exchange rate in effect when the tax was originally paid, and then reconvert this amount of foreign currency into Renminbi according to the foreign exchange rate at the date of issuance of the tax refund certificate.

第九十八条企业所得为外国货币并已按照外汇牌价折合成人民币缴纳税款的，发生多缴税款需要办理退税时，可以将应退的人民币税款，按照原缴纳税款时的外汇牌价折合成外国货币，再将该外国货币数额按照填开退税凭证当日的外汇牌价折合成人民币退还税款

Through the humanistic assumption of manager, clarified the behavioral purpose of executive primarily is to pursue the maximization of currency remunerate, prove the necessityof the currency recompense incentives to manage, and divided the currency recompense contract into fix contract and changeable contract.

通过对经营者人性的假设，阐明了经营者行为的目的主要是追求货币报酬的最大化，论证了对经营者实行货币报酬激励的必要性，同时将影响经营者货币报酬的合同分为固定合同和可变合同。

So, our work consists of two major parts: First, we using qualitative and quantitative analysis to prove the effects of monetary policy in non-crisis period is effective and its effectiveness is significant. Second, we analysis the effects of monetary policy in crisis period, especially time slice by means of recurrence method, and do empirical study of each interval sample separately to observe the change of monetary effectiveness.

为此，本文所做的工作主要有以下两点：第一，通过定性分析和实证方法证明在美国经济正常时期，即非危机时期，美国的货币政策是有效的且有效性显著；第二，对次贷危机以来美国的货币政策效应进行分析，以时间递推的方法将危机时期进行分段，并分别进行实证研究观察货币政策有效性的变化。

Through the analysis of the history of Central Bank integrating the currency issue right, we can say that in spite of the dispersion of network currency issue right reducing the Seigniorage Revenues of Central Bank, now. the issue right of network currency should not be taken over by the state.

通过中央银行统一货币发行权的历史分析，可以认为，尽管由于网络货币发行权的分散会减少中央银行的铸币税收入，但在目前的条件下中央银行不应该将网络货币的发行权收归国有。

Neither the killing of Mr Zarqawi nor any breakthrough on the political front will stop the insurgency and the fratricidal murders in their tracks.

在对危险的南部地区访问时，他斥责什叶派民兵领导人对中央集权的挑衅行为。

In fact,I've got him on the satellite mobile right now.

实际上 我们已接通卫星可视电话了