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Theresa Chavez
@theresa-chavez
Monetary supply refers to the total amount of currency held by residents, businesses, governments, and financial institutions in a country at a specific point in time, including currency in circulation and deposits. It is influenced by central bank policies, commercial banks, and the economic behavior of residents and businesses. Monetary supply (M) can be simply expressed as the sum of currency (C) and deposits (D), i.e., M=C+D.
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