asked 144k views
2 votes
The narrowest definition of money, called the _______ definition, includes only the public's holdings of coin, currency, travelers' checks, and deposits against which checks can be written.

a. stock
c. M-1
b. flow
d. M-10

1 Answer

1 vote
Narrow money is classified as M1
answered
User YYamil
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.