Question

Supply of money refers to quantity of money

a. As on 31st March

b. During any specified period of time

c. As on any point of time

d. During a fiscal year​

Answer 1

The supply of money is defined as the quantity of money at any point in time. So the correct answer is an option (c).

How is the supply of money measured?

• The money supply is always determined as of the current moment. It is the entire amount of money, in all forms, that the general populace in a nation possesses at any particular time.

• Along with paper notes and coins held by the general population, it also comprises demand deposits made by individuals with commercial banks.

• The monetary base, M1, and M2 are three examples of common metrics of the money supply.

• Currency in circulation plus reserve balances (deposits maintained by banks and other depository institutions in their accounts at the Federal Reserve) make up the monetary base.

Learn more about the quantity of money:

1. what is transaction demand for money? how is it related to the value of transactions over a specified period of time.​

https://brainly.in/question/8821951?referrer=searchResults

2. What is money supply ? what are the measure of money supply ?​

https://brainly.in/question/33207999?referrer=searchResults

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