Question

narrow money refers to​

Answer 1

Answer:

Narrow money refers to a category of money supply that includes all the real money held by the central bank. It includes coins and currency, demand deposits, and other liquid assets. Narrow money in the US is known as M1 (M0 + demand accounts).

Explanation:

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Answer 2

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A category of money supply that includes all the real money held by the central bank.