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Which of the following is the component of M1 measure of money supply ?

Posted by Aadhav Fabioo 3 years, 4 months ago

CBSE > Class 12 > Economics

2 answers

Arnika Jain 3 years, 4 months ago

M1 = C+Dd+Od

1Thank You

Sia ? 3 years, 4 months ago

M1 is a narrow measure of the money supply that includes physical currency, demand deposits, traveler's checks, and other checkable deposits. M1 does not include financial assets, such as savings accounts and bonds.

0Thank You

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CBSE > Class 12 > Economics