Correctly complete the following statements from the options below.
(a) M1 is defined as:
(b) Broad money is defined as:
(c) M3 is defined as:

(i) cash in circulation and bank deposits.
(ii) cash in circulation, bank deposits and net borrowing from the private sector by NFBIs.
(iii) cash in circulation and current deposits with banks.

Question

Correctly complete the following statements from the options below.
(a) M1 is defined as:
(b) Broad money is defined as:
(c) M3 is defined as:

(i)	cash in circulation and bank deposits.
(ii)	cash in circulation, bank deposits and net borrowing from the private sector by NFBIs.
(iii)	cash in circulation and current deposits with banks.

Quizplus · Accepted Answer

The Answer of Correctly complete the following statements from the options below.
(a) M1 is defined as:
(b) Broad money is defined as:
(c) M3 is defined as:

(i)	cash in circulation and bank deposits.
(ii)	cash in circulation, bank deposits and net borrowing from the private sector by NFBIs.
(iii)	cash in circulation and current deposits with banks.

Correctly Complete the Following Statements from the Options Below