Which of the following is High Powered Money?
Which of the following is High Powered Money?
[A]M0
[B]M1
[C]M2
[D]M3
M0
The other name of the Reserve Money is “High Powered Money” and also “Monetary Base”. Reserve Money is all the Cash in the economy and denoted by M0.
Originally written on
May 30, 2015
and last modified on
May 30, 2015.