Understanding Narrow Money and Broad Money: Key Concepts in Monetary Economics Introduction In economics, money is categorized into different types based on liquidity and accessibility. […]
Category: MAFS
Measures of money supply
Measures of Money Supply Money supply refers to the total amount of money available in an economy at a given time. It is measured using […]
Demand for Money in the Monetary and Financial System
Demand for Money in the Monetary and Financial System In economics, demand for money refers to the desire to hold money rather than other assets. […]
Kinds of Money
Kinds of Money Image source: Shutterstock Money can be classified into the following types: 1. Commodity Money This type of money has intrinsic value and […]
Concept and Functions of Money
Concept and Functions of Money Money plays a crucial role in the economy by facilitating transactions, measuring value, storing wealth, and enabling future payments. In […]