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What is the total stock of money in circulation among the public at a particular point of time called?
Money order
Money supply
Short money
Money laundering
- Option 2: Money supply
- The total stock of money in circulation among the public at a particular point in time is called money supply.
- It includes all coins, currency, and demand deposits held by the public and other liquid assets.
- Option 1: Money order
- A money order is a prepaid financial instrument used to pay a specific amount of money to a designated recipient.
- Option 3: Short money
- Short money generally refers to funds or investments that are intended for short-term financial needs or strategies, but it's not a standard term in macroeconomics for total money in circulation.
- Option 4: Money laundering
- Money laundering is an illegal process of making large amounts of money generated by a criminal activity appear to have come from a legitimate source.
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