Narrow or broad money
Exercise and reference answers
- Upper category
- NARROW
- Lower category
- BROAD
- Items
- Category
- NARROW
- Item
- Currency
- Category
- BROAD
- Item
- Time dep
- Category
- NARROW
- Item
- Coins
- Category
- BROAD
- Item
- Term dep
- Category
- NARROW
- Item
- Demand dep
- Category
- BROAD
- Item
- Least liq
- Instructions
- Flip the points to route each item to its money measure.
Explanation
_Source: syllabus Introductory Macroeconomics, Ch 3 'Money and Banking' (leec103)_