Malaysia's Economy Driven by Credit: Money Supply Determined by Demand
The article investigates whether the amount of money in Malaysia is determined by economic activities or if the money supply drives economic activity. The researchers used statistical analysis to study the relationship between different economic factors and money supply. The findings show that in Malaysia, the amount of money available is influenced by factors like GDP, bank loans, and interest rates. This suggests that the money supply in Malaysia is determined by credit demand and economic activity.