Question

Q - 7 Anthony and Ajay were having a
conversation on the topic of money supply.
Anthony was of the view that since money
supply consists of supply, it is a flow concept.
Ajay was of the view that it is a stock concept. In
your view, which of the two is correct? Why?
Also explain the concept of money supply.​

Answer 1

Answer:

money supply is a stock concept

Explanation:

money supply is a stock concept because money supply refers to the accumulation of money at a single point of time by the population of a country

in easy words the money supply is the total money kept by the population of a country at a given point of time