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Define money supply and explain its components Or State the meaning and components of money supply

Answer» The money supply is the total value of money available in an economy at a point of time.Components of money supply are:Currency with the Public, Demand Deposits with the Public, Money Supply M1 or Narrow Money, Money Supply M2, Money Supply M3 or Broad Money, Money Supply M4, High-Powered Money (H), Money Multiplier


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