Instruments of Monetary Policy / 23
Reserve Money and International Reserves / 25
Box...Interest Rates on the Short-Term Securities Market / 33
Bank Interest Rates / 33
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The actual production process is a black box whose efficiency is simply jud-
ged...Humphrey (1997): Efficiency of financial institutions: International survey and...
Box 2 Overview of the number of users of payment accounts and payment instruments...instruments (services) linked to the payment account . . . .38
List of boxes
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