According to the monetarists, money supply constitutes
A. Currency + demand deposits
B. Currency + demand deposits + time deposits
C. Currency + demand deposits + time deposits + equity shares
D. Currency + all kinds of bank deposits + deposits with other institutions + borrowing
Answer:B
According to the monetarists, money supply constitutes
A. Currency + demand deposits B. Currency + demand deposits + time deposits C. Currency + demand deposits + time deposits + equity shares D. Currency + all kinds of bank deposits + deposits with other institutions + borrowing