Research on the Impact of Interest Rate and Virtual Finance Reform on GDP Growth Based on Error Correction Model

Figure 4

Analysis of the relevance between interest rates and the economy. (a) Interest rate fluctuation mechanism based on changes in money supply. (b) Interest rate fluctuation mechanism based on exchange rate fluctuations. (c) The formation mechanism of the investment effect of interest rate fluctuations. (d) The formation mechanism of the consumption effect of interest rate fluctuations.

(a)

(b)

(c)

(d)