Question

what is high powered money​

Answer 1

Answer:

In economics, the monetary base in a country is the total amount of bank notes and coins. This includes: the total currency circulating in the public, plus the currency that is physically held in the vaults of commercial banks, plus the commercial banks' reserves held in the central bank

Explanation:

brainliest plz and click on the heart too

Answer 2

Explanation:

$\huge\mathfrak\pink{Hello\: Mate}$

$<font color=blue> High powered money or powerful money refers to that currency that has been issued by the Government and Reserve Bank of India. Some portion of this currency is kept along with the public while rest is kept as funds in Reserve Bank.</font>$

☺️☺️ pls follow me and also mark as brainliest ☺️☺️