Which Monetary Aggregate Is the Least Broad

question 96

Multiple Choice

Which monetary aggregate is the least broad

• A)cash held by the public.
• B)the monetary base.
• C)M1.
• D)M2.

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Definitions:

Payments

Transactions or transfers of money or its equivalent from one party to another as a form of exchange for goods, services, or to fulfill a legal obligation.

Weighted Average Delay

A measure that calculates the average delay in a system, project, or process, taking into account the weight of each component's delay.

Collection Delay

The time period between when a cheque is deposited and when the funds are available for use.

Average Amount

The sum of a set of values divided by the number of values, often used to find a central value or typical amount in a dataset.