Distinguish btw money and quasi money
Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. [ This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currencyThe Money and quasi money growth (annual %) in South Africa was reported at 15.17 in 2008, according to the World Bank. Average annual growth rate in
money and quasi money. Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). The change in the money supply is measured as the difference in end-of-year totals relative to the level of M2 in the preceding year.T ]
Expert answered|
selymi|Points 6773|
Question
Asked 11/21/2011 3:17:09 AM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Rating
There are no new answers.
