is the most inclusive of the money supply definitions that include cash, checking, savings, and institutional money market funds.
Question
Solution 1
The most inclusive definition of the money supply, which includes cash, checking, savings, and institutional money market funds, is referred to as M3.
Here are the steps to understand this:
- Economists and central banks classify money supply into different categories, M0, M1, M2, and M3, based 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.
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