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Calculating broad money supply?​

Calculating broad money supply?​
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Calculating broad money supply?​

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User ChrisFreeman
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1 Answer

7 votes

Answer:

M3 (Broad Money)

M3 = M1 + Time deposits with commercial banks (Fixed deposits, Recurring deposits). MIND IT: M3= M1+time and NOT M3=M2+time.

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User Svltmccc
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