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By supply of money we mean :
Money deposited in bank
Money available with the public
Deposits with post office savings bank
All of these
Money supply refers to the total stock of money of all types ( currency as well as demand deposits) held by the people of a country at a given point of time. Money supply includes both currency held by the public in terms of coins and paper notes as well as demand deposits of the people with the commercial bank.
By: Barka Mirza ProfileResourcesReport error
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