High Powered Money is money........

Economic Affairs Money Supply and Monetary Policy

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High-Powered Money is money

Issued by the Central Bank of the country

Circulating as parallel economy

Consisting of foreign exchange reserve of a country

Which is used to fund elections

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Explanation:

The total amount of currency held by the public, as well as cash in the vaults of financial institutions, and bank deposits at the Federal Reserve. The Federal Reserve Bank maintains close Control over the amount of high powered money that can influence its monetary policy decisions. also called the monetary base.