[B] The data pertaining to the various components of the moneysupply in India are as followsCurrency with publicNotes in circulationRupee coinsSmall coinsCash in handDeposit Money of the PublicDemand deposits with bankRs in crore1,44,8181,9429914,98699,1065,6274,83,560Other deposits with reserve bankTime deposits with bankPost office DepositsPost office savings bank depositsTotal post office deposits5,04125,969Compute the four measures of money stock M1, M2, M3, M4[4]

Money stock, in basic terms, is the overall sum of money in circulation within an economy at a…

[B] The data pertaining to the various components of the money supply in India are as follows Currency with public Notes in circulation Rupee coins Small coins Cash in hand Deposit Money of the Public Demand deposits with bank Other deposits with reserve bank Time deposits with bank Post office Deposits Rs in crore 1,44,818 1,942 991 4,986 99,106 5,627 4,83,560 5,041 Post office savings bank deposits Total post office deposits 25,969 Compute the four measures of money stock M1, M2, M3, M4

[B] The data pertaining to the various components of the money supply in India are as follows Currency with public Notes in circulation Rupee coins Small coins Cash in hand Deposit Money of the Public Demand deposits with bank Other deposits with reserve bank Time deposits with bank Post office Deposits Rs in crore 1,44,818 1,942 991 4,986 99,106 5,627 4,83,560 5,041 Post office savings bank deposits Total post office deposits 25,969 Compute the four measures of money stock M1, M2, M3, M4

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

[B] The data pertaining to the various components of the money
supply in India are as follows
Currency with public
Notes in circulation
Rupee coins
Small coins
Cash in hand
Deposit Money of the Public
Demand deposits with bank
Rs in crore
1,44,818
1,942
991
4,986
99,106
5,627
4,83,560
Other deposits with reserve bank
Time deposits with bank
Post office Deposits
Post office savings bank deposits
Total post office deposits
5,041
25,969
Compute the four measures of money stock M1, M2, M3, M4
[4]

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Step 1: Define the Term Money Stock

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Step 2: Determine the Four Money Measures

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