1.

What does High Power Money mean ?(a) Bank reserves at the central bank.(b) All loans and advances of banks.(c) Money held by banks.(d) Currency held by public and reserves with central bank, excess reserves of banks. Select the correct option.

A. (a) and (b)
B. (b) only
C. (c) and (d)
D. (d) only
Answer» E.


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