The quantity of notes and coin in the economy is called inside money but the bulk of the money supply is outside money.

Name: The quantity of notes and coin in the economy is called inside money but the bulk of the money supply is outside money.
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The quantity of notes and coin in the economy is called outside money, while the bulk of the money supply is inside money represented by bank deposits and other financial assets.

The Quantity of Notes and Coin in the Economy Is