Money supply refers to:
Money supply refers to:
(a) Total volume of money held by public at a particular point of time
(b) Total volume of money held by public over a period of time
(c) Total volume of money held by the government
(d) Both (a) and (b)
Anurag Pathak Changed status to publish December 15, 2023
Ans – (a)
Explanation:-
Money supply refers to the total volume of money held by the public at a particular point of time.
It consists of two components:
1. Current held by the public
2. demand deposits held by the public with commercial banks
As it is the stock variable, it is measured at a point of time.
Anurag Pathak Changed status to publish December 15, 2023
