______is the most inclusive of the money supply definitions that include cash, checking, savings, and institutional money market funds.

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26-08-2022
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______is the most inclusive of the money supply definitions that include cash, checking, savings, and institutional money market funds.

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shalvivt shalvivt · Answer 1 · 2022-09-05T06:00:00+02:00

The M3 classification is the most inclusive of the money supply definitions that include cash, checking, savings, and institutional money market funds.

What is money supply?

Money supply is defined as total amount of money circulated or present in the country which helps to run the economy of the country.

The total amount of money in either cash or coins as well as balances in bank came in category of money supply. There are few measures like M1, M2, M3, and M4 these are the of money supply.The controller of money supply is Fed and he controls the money supply either increasing or decreasing base.

Therefore, the M3 classification is the most inclusive of the money supply definitions that include cash, checking, savings, and institutional money market funds.

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