The relationship between M1, M2 and M3 ?

2008-09-08 1:54 am
I want to know the relationship between M1, M2 and M3,
please answer the question in English.
Thank you very much.=)

回答 (3)

2008-09-08 11:17 pm
✔ 最佳答案
Money Supply definition 1 (M1): The sum of legal tender notes and coins held by the public plus customers' demand deposits placed with banks.

Money Supply definition 2 (M2): M1 plus customers' savings and time deposits with banks plus negotiable certificates of deposit (NCDs) issued by banks held outside the banking sector.

Money Supply definition 3 (M3): M2 plus customers' deposits with restricted license banks and deposit-taking companies plus NCDs issued by these institutions held outside the banking sector.

2008-09-12 3:25 am
哈哈
我禁錯了
多謝提醒
2008-09-11 10:48 pm
it seems to be an economics questions.


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