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Introduction to Economics 2
INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Money and the Economy soru cevapları
INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Money and the Economy soru detayı:
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.