According to Friedman's analysis, stock market affects monetary demand from four perspectives: wealth, riskspreading, transaction and substitution, with different effects in different directions.

股票市场通过财富效应、风险分散效应、交易效应和替代效应等多种渠道影响货币需求，不同效应的影响方向是不同的。

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The effectiveness of interest rate policy is determined by the elasticity of monetary demand.

利率政策的有效性取决于货币需求的利率弹性。

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To observe the monetary demand of our country, great attention should be paid to macro-monetary demand.

考察我国的货币需求，需要注重考察宏观货币需求。

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Still,the chief economist of the International Monetary Fund says the effects of the world economic crisis will hurt both supply and demand for years to come.

VOA: special.2009.08.21

It says unprecedented and globally coordinated fiscal and monetary stimulus is playing a major role in helping to restore private demand and lending.

VOA: standard.2010.06.27

He said the problem is that a large component of silver is purely industrial with not so much monetary demand.

FORBES: INTERVIEW: Inflation Should Not Be A Problem For U.S., Canada, Gold Prices To Rise -- Dundee's Murenbeeld

But the prospect of Chinese economic officials tightening monetary policy has negative demand implications for raw commodities, including the precious metals.

FORBES: P.M. Kitco Metals Roundup: Comex Gold Ends Slightly Up in Quieter Trading; Bulls Work to Stabilize Market

The market on Tuesday shrugged off potentially bearish news that China has again tightened its monetary policy to reduce demand for commodities.

FORBES: Comex Gold, Silver Lower as "Outside Markets" Bearish