Economy, asked by yogeshrameshyadav201, 1 month ago

What is the difference between money and high-powered money?

Answers

Answered by OliviaKim

5

Answer:

Money consists of currency and demand deposits and the high powered money consists of currency and cash reserves with banks.

Answered by ayandeepdas123456

0

Answer:

Money consists of currency and demand deposits and the high powered money consists of currency and cash reserves with banks.

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