Only ____ (gross/net) demand deposits are part of Money Supply
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Only ____ (gross/net) demand deposits are part of Money Supply.
Anurag Pathak Changed status to publish December 15, 2023
Only Net (gross/net) demand deposits are part of Money Supply.
Demand deposits with commercial banks consist of:
1. Demand deposits by the public
2. Inter-banks deposits
Only Demand deposits by the public are included in the money supply.
The demand deposits by the public are called net demand deposits.
Anurag Pathak Changed status to publish December 15, 2023