An Analysis from the Perspective of Money Creation in the Modern Economy Using GRA Method

"The national bank's money creation ultimately determines how much money is produced in the economy. Typically, interest rates are set to accomplish this. Through asset purchases or 'monetary stimulus,' the banking system can also directly change the quantity of cash. When the total amount of financial entities rises, money is created. Regulatory bodies, especially banks and other banking institutions can control the amount of broad money produced by the banking sector by enforcing regulations such as financial stability ratios and cash reserves. As a result, money nowadays is considered a monetary asset. Bank deposits are essentially IOUs to a person, business, bank, or country; they represent claims on another party in the economy. Ownership of non-financial commodities can contribute to an investment portfolio. Without currency, trade and swaps would have to be very infrequent and time- and energy-consuming. Money facilitates the transfer of goods and services. Money plays a significant role in modern societies as it encourages specialization and production through the division of labor. Alternative: Households, Consumption goods firms, and Intermediate-goods firms, Capital-goods firms. Evaluation Preference: Loans, Deposits, Deposits, Equity, Government bonds. From the results, it is observed that Equity obtained the highest rank, whereas Government bonds received the lowest rank. The value of the dataset for Money Creation in the Modern Economy in GRA (Gray-Related Analysis) demonstrates that it leads to Equity and achieves the top ranking." I have made various revisions to improve the grammar, clarity, and flow of the text. If you have any further questions or need additional assistance, please let me know.