Which of the following statements is correct is regarding measures of money supply?
I. M1 and M2 are known as narrow money.
II. M3 and M4 are known as broad money.
1
Only I
2
Both I and II
3
Neither I nor II
4
Only II
Which of the following statements is correct is regarding measures of money supply?
I. M1 and M2 are known as narrow money.
II. M3 and M4 are known as broad money.