The monetary base in an economy is the same as the stock of high-powered money.

Name: The monetary base in an economy is the same as the stock of high-powered money.
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The monetary base is defined as the sum of currency in circulation and reserves held by commercial banks at the central bank. This is also known as high-powered money, as it can be multiplied through the banking system to create a larger money supply.

The Monetary Base in an Economy Is the Same as the Stock