High-powered money is also known as:

CA Foundation · Business Economics · MTP · May 2026
High-powered money is also known as:
(A) A. Base money
(B) B. Reserve money
(C) C. Narrow money
(D) D. All of the above

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. All of the above

Topics: Money Market

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