The sum of all currency (coin and paper money) coupled with all bank deposits is known by economists as
A)convertible currency.
B)foreign exchange.
C)the money supply.
D)cash and marketable securities.
E)None of these

Question

Quizplus · Accepted Answer

The sum of all currency and bank deposits is known as the money supply. This is a key measure used by economists to understand the state of an economy, as it provides insight into the amount of liquid assets available for spending and investment. The money supply includes both M1 (narrow money) and M2 (broad money) measures, which differ in terms of the types of deposits included.

The Sum of All Currency (Coin and Paper Money) Coupled