Economics · Money and Banking
What does the money supply in a modern economy primarily consist of?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only cash available with the central bank
- 2Currency notes and coins with the public, along with bank deposits✓
- 3Bank deposits only
- 4Central bank funds only
Correct answer
Currency notes and coins with the public, along with bank deposits
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