Economy, asked by ritikpardhan02, 6 months ago

20. High powered money is equal to:

1 point

Money supplied by the RBI only

Total supply of money in the economy

Notes and coins held by the people

Money (notes & coins) held by the people, vault cash of the commercial banks as well as cash reserves of the commercial banks with the RBI
20. High powered money is equal to:

1 point

Money supplied by the RBI only

Total supply of money in the economy

Notes and coins held by the people

Money (notes & coins) held by the people, vault cash of the commercial banks as well as cash reserves of the commercial banks with the RBI

Answers

Answered by narmisaykahs

Answer:

Money (notes & coins) held by the people, vault cash of the commercial banks as well as cash reserves of the commercial banks with the RBI

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