Money Supply
Definition
Total currency and deposits in an economy. Different measures (M0, M1, M2) include increasingly broad definitions of "money."
Example
M1 = cash + checking deposits. M2 adds savings accounts and small time deposits.
Total currency and deposits in an economy. Different measures (M0, M1, M2) include increasingly broad definitions of "money."
M1 = cash + checking deposits. M2 adds savings accounts and small time deposits.