Economy, asked by nikhilpkc3046, 1 year ago

Currency in circulation and goods and services equal on taraju

Answers

Answered by anurajrajan01

M1 money supply includes coins and currency in circulation—the coins and bills that circulate in an economy that are not held by the U.S. Treasury, at the Federal Reserve Bank, or in bank vaults. Closely related to currency are checkable deposits, also known as demand deposits.

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