Apedia

Money Comprises M1 Narrow Supply Cash Circulation Current

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M1: narrow money supply. Cash in circulation, current accounts, travellers cheqes and very liquid money
M2: broad money supply comprises of M1 plus saving accounts and term deposits, and less liquide money
M3: comprises M2 savings bonds, treasury bills, and repurchase agreements
Extra
What is a country's money suply?

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