English

High Powered Money includes ______ -

Advertisements
Advertisements

Question

High Powered Money includes ______

Options

  • C + DD + OD

  • C + R + ER

  • C + R +TD

  • C + DD + TD

MCQ
Fill in the Blanks

Solution

High Powered Money includes C + R + ER.

Explanation:

C - Currency

R - Required reserve

ER - Excess reserve

shaalaa.com
  Is there an error in this question or solution?
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×