Money supply does not include money held by government and banking system, since, money held by them do not come into actual circulation in the country.
True
False

Question

Money supply does not include money held by government and banking system- since- money held by them do not come into actual circulation in the country-TrueFalse

Toppr Admin · Accepted Answer

Money supply includes the currency that is in circulation with the public at a particular point of time- hence it does not include the money held by government or commercial banks as it is not in circulation with the public at a a given point in time-

Money supply does not include money held by government and banking system, since, money held by them do not come into actual circulation in the country.TrueFalse

Money supply includes the currency that is in circulation with the public at a particular point of time, hence it does not include the money held by government or commercial banks as it is not in circulation with the public at a a given point in time.

Money supply does not include money held by government and banking system, since, money held by them do not come into actual circulation in the country.
True
False