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Which is the most liquid measure of the money supply?

654 viewsDecember 15, 2023MCQs (M&B)Money and Banking

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Anurag Pathak28.60K December 15, 2023 0 Comments

Which is the most liquid measure of the money supply?

(a) M1

(b) M2

(c) M3

(d) M4

Anurag Pathak Changed status to publish December 15, 2023

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1 Answer

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Anurag Pathak28.60K Posted December 15, 2023 0 Comments

Ans – (a)

Explanation:-

M1 is the first and basic measure of money supply. M1 is the most liquid measure of money supply as all its components are easily used as a medium of exchange.

Anurag Pathak Changed status to publish December 15, 2023

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.