Broad Money is a relatively inclusive definition of money which includes elements like building society deposits and interest-bearing bank deposits, typically represented as M2 or M3.
M3 encompasses a broad definition of the money supply, including M1, M2, and other deposits held at financial institutions. It represents a broader measure of money in an economy.
An in-depth look at Sterling M3, a former measure of broad money in the UK, including its components, historical context, importance, and applicability.
An in-depth exploration of broad money, its definition, methods of calculation, practical examples, and benefits for measuring an economy's money supply.
A comprehensive definition of narrow money, including its components, differences with broad money, and an explanation of qualifying accounts.
