What are the components of the money supply? (2024)

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Open in App

Solution

The money supply is the total amount of money(currency+deposit money) present in an economy at a particular point in time. The standard measures to define money usually include currency in circulation and demand deposits. Money supply also refers to the total volume of money held by the public at a particular point of time in an economy.

Components of money supply

1. Currency such as notes and coins with the people

2. Demand deposits with the banks such as savings and current account

3. Time deposit with the bank such as Fixed deposit and recurring deposit


What are the components of the money supply? (1)

What are the components of the money supply? (2)

Suggest Corrections

What are the components of the money supply? (3)

What are the components of the money supply? (4)

96

Join BYJU'S Learning Program

What are the components of the money supply? (7)

What are the components of the money supply? (8)

Related Videos

What are the components of the money supply? (9)

What are the components of the money supply? (10)

What are the components of the money supply? (11)

Mindfulness

ECONOMICS

Watch in App

What are the components of the money supply? (2024)
Top Articles
Latest Posts
Article information

Author: Pres. Lawanda Wiegand

Last Updated:

Views: 5738

Rating: 4 / 5 (71 voted)

Reviews: 86% of readers found this page helpful

Author information

Name: Pres. Lawanda Wiegand

Birthday: 1993-01-10

Address: Suite 391 6963 Ullrich Shore, Bellefort, WI 01350-7893

Phone: +6806610432415

Job: Dynamic Manufacturing Assistant

Hobby: amateur radio, Taekwondo, Wood carving, Parkour, Skateboarding, Running, Rafting

Introduction: My name is Pres. Lawanda Wiegand, I am a inquisitive, helpful, glamorous, cheerful, open, clever, innocent person who loves writing and wants to share my knowledge and understanding with you.