M3: Difference between revisions

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imported>Doug Williamson
m (Spacing 22/8/13)
imported>Doug Williamson
(Remove reference to M3 being the broadest measure of money, because there is also M4. Reference: http://www.bankofengland.co.uk/statistics/Pages/iadb/notesiadb/M4.aspx)
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A broad measure of money supply which includes M2 plus longer-term time deposits and money market funds with more than 24-hour maturity.
A broad measure of money supply which includes M2 plus longer-term time deposits and money market funds with more than 24-hour maturity.
It is the broadest established measure of money and is used by economists to estimate the entire supply of money within an economy.





Revision as of 20:28, 19 January 2014

Economics.

A broad measure of money supply which includes M2 plus longer-term time deposits and money market funds with more than 24-hour maturity.


See also