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Money and Banking — Economics STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEconomicsMoney and Banking1 Mark
Question
Define money supply.
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Answer

"The supply of money refers to the volume of money held by the public in an economy at any given time." The term public includes all economic units, such as householders, firms etc. (except Government and Banking system)

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