What is meant by money supply? State M measure of money supply
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a) Meaning of Money Supply (D2010):
The supply of money means the total stock of money (paper notes, coins and demand deposits of bank) in circulation which is held by the public at any particular point of time. ... In short, money supply includes currency held by public and net demand deposits in banks.
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Money supply refer to total volume of money held by public at a particular point of time in an economy.
There four alternative measure M1 ; M2 ;M3 m4
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