answersLogoWhite

0

AllQ&AStudy Guides
Best answer

M2 is larger than monetary base. Monetary base includes only currency with the public and reserves of commercial banks kept with central bank. Monetary base plus time deposits is equal to M2 and hence M2 is broader money while monetary base is known as narrow money.

This answer is:
Related answers

M2 is larger than monetary base. Monetary base includes only currency with the public and reserves of commercial banks kept with central bank. Monetary base plus time deposits is equal to M2 and hence M2 is broader money while monetary base is known as narrow money.

View page

==

View page

Monetary base- which is the sum of bank reserves and currency in circulation. The formulas of MB ismonetary base = reserves + currency (MB =R+C)

View page

factor affect money base in Ethiopia case

View page

Right now (Aug 2014), there are 878.49 billion pesos circulating as part of Mexico's monetary base. For comparison purposes, the US monetary base is around 4,084.36 billion dollars.

View page
Featured study guide

Which department directs the programs that provide assistance to the elderly

Which department represents the government in all legal matters

What evolved in England over a number of years from the decisions made in the local courts of England

Which of these is true of Congress under the Articles of Confederation

➡️
See all cards
No Reviews
More study guides
No Reviews

No Reviews
Search results