money supply has three components which are; M0,M1 and M2
neither
The money supply is measured in terms of M1 and M2. New savings and investment opportunities have appeared. Keeping track of the growth of M1 and M2 becomes more difficult as money is shifted from savings accounts into interest-paying checkable accounts.
Money supply
I think it would reduce the value of money overseas.
money supply has three components which are; M0,M1 and M2
Money is known as M2.
neither
The 2 definitions of the Canadian money supply are M1 and M2.
M1 is what is outside the banking system: Your cash, coins, your checking account. M2 is: All of M1 plus, savings accounts, money in banks, small time deposits...etc .
The money supply is measured in terms of M1 and M2. New savings and investment opportunities have appeared. Keeping track of the growth of M1 and M2 becomes more difficult as money is shifted from savings accounts into interest-paying checkable accounts.
Money supply
I think it would reduce the value of money overseas.
M2 adds savings accounts, small time deposits at banks, and retail money market funds.
M1 money is transaction money, It includes: Coins of all denominations, Paper money including all types of notes, Checking accounts and Traveler's checks. M2 money is M1 money plus Close substitutes ( savings accounts/deposits).
M2. M2 consists of M1(coins, bills, travlers checks/checkable deposits), savings accts, money market accounts, demand deposits, and timed deposits. M2 is less narrow than M1, therefore being more liquid/spendable. *The Fed has defined three monetary aggregates M1, M2, and M3. The narrowest definition, M1, includes the transaction deposits of banks and cash in circulation. M2 adds savings accounts, small time deposits at banks, and retail money market funds. M3 adds large time deposits, repurchase agreements, Eurodollars, and institutional money market funds. In March 2006 the Fed discontinued tracking M3 because it does not convey information about economic activity that is not already embodied in M2
Depends on the size of the squares.