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.
Comprehensive coverage on Money Supply (M1, M2, M3), including historical context, types, key events, explanations, formulas, charts, importance, applicability, examples, related terms, and more.
A comprehensive overview of the concept of Money Supply, its types, and significance in Economics.
Comprehensive coverage on Money Supply (M1, M2, M3), including historical context, types, key events, explanations, formulas, charts, importance, applicability, examples, related terms, and more.
Exploring the M3 measure of the money supply, including its definition, liquidity components, reasons for its disuse, and comparison with other M classifications.
