when we say that in money supply we dont include the cashbalance of commercial banks, here cash balance doesnt mean the LRR right?
Question
Solution 1
Correct, when we talk about the money supply, we are referring to the total amount of monetary assets available in an economy at a specific time. This includes cash in circulation and demand deposits.
The cash balance of commercial banks is not included in the money supply because it is not readil Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI
Similar Questions
What do we call the rate at which the Reserve Bank of India lends money to commercial banks?a.Repo Rateb.Reverse Repo Ratec.CRRd.SLR
What is the term for the interest rate at which the RBI lends money to commercial banks in India?
One significance of commercial banks is that it facilitates payments for smooth flow of money within the economy.
One significance of commercial banks is that it facilitates payments for smooth flow of money within the economy.2 pointsTRUEFALSE
What is the money in the form of currency and checkable deposits in commercial banks called?Multiple choice question.M1S1S2GDP
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.