M1 and M2 are called narrow money and M3 and M4 are called broad money. M3 is the most commonly used measure of money supply. It is also known as aggregate monetary resources. Money supply will change if the value of any of its components such as CU, DD or Time Deposits changes.Other...
M1 is most liquid and easiest for transactions whereas M4 is least liquid of all. M3 is the most commonly used measure of money supply. What is currency called? A more general definition is that a currency is a system of money (monetary units) in common use, especially for people in a...
Learn the money supply definition and why economists study money supply. Understand the M1, M2, M3, and M4 measures of money supply and see money supply charts. Related to this Question How does monetary policy control the money supply?
Money Supply Definition, Measures & Chart from Chapter 11 / Lesson 3 129K Learn the money supply definition and why economists study money supply. Understand the M1, M2, M3, and M4 measures of money supply and see money supply charts. Related...
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Money Supply Definition, Measures & Chart from Chapter 11 / Lesson 3 130K Learn the money supply definition and why economists study money supply. Understand the M1, M2, M3, and M4 measures of money supply and see money supply charts. Related...