CBSE BOARD XII, asked by Bunny4357, 11 months ago

Component of money supply























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Answered by tejashvsinha
2

Supply of Money—Its Main Components: It is by now clear that the main components of the supply of money are coins (standard money): paper currency and demand deposits or credit money created by commercial banks: The term 'Monetary Standard' refers to the type of standard money used in a monetary system.

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