what are the different measures of money supply in class 12 th economics
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Answer:
Measures of Money supply are M1,M2,M3andM4 . (i) M1= currency and coin+ Demand deposits of commerical bank, (ii) M2=M1+ saving deposits with Post Office, Saving banks, (iii) M3=M1+ Net time deposits with commerical banks and (iv) M4=M3+ total deposits with Post Office Saving organisation (excluding NSC ).
Explanation:
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Explanation:
Measures of Money Supply : M0, M1, M2, M3 and M4
Reserve Money (M0): It is also known as High-Powered Money, monetary base, base money etc. ...
Narrow Money (M1): ...
M2 = M1 + Savings deposits of post office savings banks.
Broad Money (M3) ...
M4 = M3 + All deposits with post office savings banks.
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