Keynesians and monetarists disagree on almost all issues related to money and its role. Their extreme positions can be summed up like this- the Keynesians hold the view that ‘money does not matter’ as an effective means of demand management; the monetarists, on the contrary, maintain that ‘only money matters’ as an effective means of […]
Keynesianism versus Monetarism: How Changes in Money Supply Affect the Economic Activity
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Money Supply: Introduction, Determinant and Measures
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In this article we will discuss about:- 1. Introduction to Money Supply 2. Determinants of Money Supply 3. High-Powered Money and the Money Multiplier 4. Measures of Money Supply in India 5. Money Supply and Liquidity 6. Derivation of Money Multipliers. Introduction to Money Supply: The supply of money is a stock at a particular […]
Money Supply in India
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In this article we will discuss about the money supply in India:- 1. Meaning of Money Supply 2. Components of Money Supply 3. Total Volume 4. System of Issue of Currency in India or Present Method of Regulating Note Issue by RBI. Meaning of Money Supply: The monetary system prevailing in India at present is […]