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''Economics.'' | ''Economics.'' | ||
A measure of money supply which includes only liquid or cash assets held in the central bank and the physical money circulating in the economy. | A measure of money supply which includes only liquid or cash assets held in the central bank and the physical money circulating in the economy. | ||
In the UK it is also referred to as narrow money or the monetary base as it is the smallest established measure of the money supply. | In the UK it is also referred to as narrow money or the monetary base as it is the smallest established measure of the money supply. | ||
== See also == | == See also == | ||
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* [[Money supply]] | * [[Money supply]] | ||
* [[Narrow money]] | * [[Narrow money]] | ||
Revision as of 09:56, 22 August 2013
Economics.
A measure of money supply which includes only liquid or cash assets held in the central bank and the physical money circulating in the economy.
In the UK it is also referred to as narrow money or the monetary base as it is the smallest established measure of the money supply.
