Ask a Doubt
Request a call back

Join NOW to get access to exclusive study material for best results

ICSE Class 10 Answered

What is the difference between money and high powered money?
Asked by Topperlearning User | 24 Apr, 2015, 07:31: AM
answered-by-expert Expert Answer

Money consists of currency and demand deposits and high powered money consists of currency and cash reserves with the bank.

Answered by | 24 Apr, 2015, 09:31: AM
Multiple Choice Questions Practice Test
Answered Unanswered My Questions My Answers
ICSE 10 - Economics
Who supervises the functions of the bank?
Asked by vijaykisho | 09 Apr, 2020, 10:01: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Economics
1) what benefits does bank get through Demand Deposits? 2) why there are major fluctuations in the month of sept and march in Demand Deposits?
Asked by ayushisingh28042000 | 20 Jan, 2020, 01:25: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
My Class Videos Tests ₹ Plans Ask a Doubt
Get Latest Study Material for Academic year 24-25 Click here
×