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Money and Its Functions · Question 41 of 57

Question 41

MediumOriginal question

Which measure of money supply is called broad money?

Options for question 41

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. M1 and M2 are narrow money; M3 and M4 are broad money, and M3 is the measure most used.

Concept
Broad money
Typical time
70 s
Your time
—
The rule this testsThe supply of money: M1 to M4
Practise this chapter →

Ten questions from Money and Its Functions, at your own pace.

Practise this chapter →

Ten questions from Money and Its Functions, at your own pace.