Latest Updates:

What Is Supply Of Money, Ordinary Money And High Power Money

Supply of money

The term supply of money refers to the stock of money held by public in spend able form only. It is aggregated stock of domestic money owned by the public in a country. Here the term public refers all categories of holders of money other than the central government or treasury, central bank and commercial banks. So, public means the individuals, business firms, industrial undertakings, state and local government bodies etc. Supply or money refers the total money available to the public.

Supply of money saimoom shinemat

Ordinary money and High power money

Ordinary money is the sum of currency and demand deposits of banks held by the public. It composed by the local currencies hold by the public of any country.
High power money is the money produce by the central bank or the government and held by the public and bank. It is the sum of currency held by the public and cash reserve of bank. It is called as “Reserve Money”
  • Blogger Comments
  • Facebook Comments


Post a Comment

Hi, Your are most welcome and feel free to share your comment(s). We will try to response your comment(s) as soon as possible.

Please DON'T spam here. Spam comments will be deleted just after our review.

Thank You For Being With Us.

Copyright © 2021 Shine Mat | All Right Reserved
Design and Customize By: Ashraful Haque Saimoom and PBThemez | About Us | Contact Us
Scroll to Top