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  • 3 years ago

Why is there so many definitions for the term money? For example, the reference to M1 to M2 to M3.

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  1. keenlearner
    • 3 years ago
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    donot think money as just currency notes and coins .. money is anything for which articles can be exchanged of equivalent value ... these definitions r different becuase these include different types of deposits along with currency notes and coins

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