change in private domestic borrowing or lending required to keep payments in balance without adjusting official reserves is called

Question

Quizplus · Accepted Answer

The change in private domestic borrowing or lending required to keep payments in balance without adjusting official reserves is called the net liquidity balance. It is the excess or shortfall of private lending and borrowing that is needed to maintain the balance of payments without any change in official reserves.

Change in Private Domestic Borrowing or Lending Required to Keep