What is M3 equal to in terms of monetary aggregates?

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Economics · Economics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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M1 + Time deposits with the banking system

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Answer 1

M1 + Time deposits with the banking system

Answer 2

M2 + Savings deposits with post office savings banks

Answer 3

M1 + All deposits with commercial banks

Answer 4

M4 - Deposits with post office savings banks (excluding National Savings Certificates)

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