INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Money and the Economy soru detayı:

PAYLAŞ:

SORU:

What does M1 refer to?


CEVAP:

M1 is a monetary aggregate which consists of currency in circulation plus total demand deposits in banking system. It is also known as
narrow definition of money supply.