Economy, asked by Ninu2018, 10 months ago

Which of the following is a component if money supply? *
1 point
(a) Gold reserves
(b) Demand deposits
(c) Time deposits
(d) None of these

Answers

Answered by aryan8459466045
3

Answer:

gold reserves is correct statements

Explanation:

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Answered by ROWNAKSAI
0

Answer:

Money supply consists of various components as follows: Currency, demand and time deposits in commercial banks, and other types of deposits are the total amount of money in an economy:

1. Currency (notes and coins) with the people

2. Demand deposits with the banks.(savings and current account)

3. Time deposit with the bank. (Fixed deposit and recurring deposit)

Explanation:

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