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O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2024 · Q181 Mark

What is the money supply?

Athe total quantity of foreign currency available within the economy
Bthe total quantity of money available within the economy
Cthe total quantity of money issued by the central bank
Dthe total quantity of money within commercial banks

✓ Correct answer

B: the total quantity of money available within the economy

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About this question

Topic
Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2024 Paper 1 Variant 2, question 18.

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