Ideally, there would be a "multiplier" effect as growth in narrowmoney led to increased lending.
理想状态，当狭义货币增长导致贷款数额增加时，会产生“乘法”效应。
2
This was in part associated with the lower opportunity cost of holding narrowmoney amid continued decreases in deposit rates.
出现这个情况， 部分原因是存款利率持续下调，持有狭义货币的机会成本较低。
3
The results show that the increasing rate of both general money and narrowmoney and their difference have remarkable effect on the fluctuation of price index.