Economy, asked by coolrayyan17, 5 months ago

According to the traditional approach the money supply is composed of currency money and?

Answers

Answered by ridchit

1

Explanation:

The traditional approach emphasises the medium of exchange function of money. According to this approach, money supply is defined as currency with public and demand deposits with commercial banks. ... The traditional approach is analytically superior because it provides the most liquid and exact measure of money supply.

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