Which measure of the money supply includes M1 and all other forms of near money that are less liquid than M1?

CA Foundation · Business Economics · MTP · January 2025
Which measure of the money supply includes M1 and all other forms of near money that are less liquid than M1?
(A) A. M3
(B) B. M2
(C) C. L
(D) D. M0

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. M2

Topics: Business Cycles

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