Broad money is:
A) M3 plus borrowings by the private sector from non-bank financial institutions (NBFIs) less currency and bank deposits of NBFIs.
B) M3 plus borrowings from the private sector by non-bank financial institutions (NBFIs) less currency and bank deposits of NBFIs.
C) M3 minus borrowings from the private sector by non-bank financial institutions (NBFIs) plus currency and bank deposits of NBFIs.
D) M3 plus borrowings from the private sector by non-bank financial institutions (NBFIs) less currency and bank deposits held by the private sector.
Correct Answer:
Verified
Q1: _ is included as part of M1.
A)Currency
Q2: Which of the following is part of
Q3: In order to reach its cash rate
Q4: Which of the following statements is NOT
Q5: M1 includes:
A)Bank current accounts held by households.
B)Bank
Q7: A decrease in reserve requirements will definitely
Q8: Which of the following statements is NOT
Q9: The supply of ESF increases when:
A)commercial banks
Q10: If the actions of the government bring
Q11: In order to reach its cash rate
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