Narrow money comprises of __________ and ________
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What is 'Narrow Money'?
Narrow money is a category of money supply that includes all physical money such as coins and currency, demand deposits and other liquid assets held by the central bank. In the United States, narrow money is classified as M1 (M0 + demand accounts). In the United Kingdom, M0 is referenced as narrow money.
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Answer:
M1&M2
Are the narrow money
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