Economics · Money Supply
Which of the following is the main financial resource data source used to estimate Broad Money (M3)?
- 1The daily turnover of the foreign exchange market.
- 2The equity indices of the capital markets.
- 3The liability side of the banking sector's balance sheet.✓
- 4The asset side of the banking sector's balance sheet.
Correct answer
The liability side of the banking sector's balance sheet.
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