According to the standard monetary aggregates framework, the money supply component M4 is equal to:

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Economics · Macroeconomics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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M3 + Total deposits with Post Office savings organisations (excluding NSC)

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Answer 1

M3 + Time deposits with commercial banks

Answer 2

M3 + Demand deposits with banks

Answer 3

M3 + Currency held by the public

Answer 4

M3 + Total deposits with Post Office savings organisations (excluding NSC)

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