Economy, asked by lavishyadav8186, 10 months ago

What are the main components of High-Powered money?

Answers

Answered by abhi3023

0

Answer:

High powered Money (H) includes currency with Public (C), important reserves of Commercial banks and other reserve (ER).

Supply of money (M) includes bank deposits (D) and currency with public (C).

Explanation:

The two components of Money Supply are Currencyand Demand Deposits.

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