Economy, asked by debtaniya456, 9 months ago

distinguish between broad money abd narrow money( 10 points)

Answers

Answered by melwinSanthosh
0

Explanation:

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Answered by Anonymous
8

Answer:

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Here is your answer mate______☺️

Typically, "broad money" refers to M2, M3, and/or M4. The term "narrow money" typically covers the most liquid forms of money, i.e. currency (banknotes and coins) as well as bank-account balances that can immediately be converted into currency or used for cashless payments (overnight deposits, checking accounts, etc).

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