write the different components of money
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1
Answer:
Currency such as notes and coins with the people.
Demand deposits with the banks such as savings and current account.
Time deposit with the bank such as Fixed deposit and recurring deposit.
Explanation:
Answered by
1
Answer:
Components of money supply :
1. Currency such as notes and coins with the people
2. Demand deposits with the banks such as savings and current account.
3. Time deposit with the bank such as Fixed deposit and recurring deposit.
Explanation:
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