web20darelkho24
Explained: Measures of Money supply:M0 to M4,Broad Money
Broad money definition implies a wide range of economic functions. Some of them can be means of exchange, given that they contain transaction balances for buying products and services related to the narrower transaction-based aggregates. Although not exclusively transaction-oriented, several other deposits or financial instruments fall under the “broad money” group. It is because one […]
Read More