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Money and Its Functions · Question 43 of 57

Question 43

MediumOriginal question

Which of these is included in money supply?

Options for question 43

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Only money held by the public (households and firms) is counted.

  2. Money with banks and the government is not in the hands of the public.

Concept
Money held by the public
Typical time
70 s
Your time
—
The rule this testsThe supply of money: M1 to M4
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