... 1999 48 ,300,000 59 1998 46 ,530,000 57 1997 45 ,200,000 55 1996 44 ,200,000 54 1995 42 ,000,000 51 19 94 39,900,000 49 1993 37,500,000 46 1992 35,800,000 44 1991 33,700,000 42 ... demand unstable.The influence of digital cash was considered from the cash-supply side and fromthe demand side in a) and b) of this section. Then, the shift of the multiplier and the cash demand ... 33,700,000 42 1990 32,000,000 40 1989 28, 847 ,800 37 1988 27,823,200 36 1987 27,007,100 35 1986 26,189,300 34 1985 25,391,800 33 19 84 24, 420,600 31 1983 23,385,600 30 1982...