posted on 06-06-2019
Narrow Money
Updated October 1, 2019
What is Narrow Money?
Narrow money is a colloquial term for the total of a country's physical currency plus demand deposits and other liquid assets held by the central bank. The economic term for narrow money is M1.
How Does Narrow Money Work?
Why Does Narrow Money Matter?
Narrow money is the most liquid form of money.
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