What counts as ‘narrow money’? Use ticks to show whether each item is counted or not: notes and coins in circulation; current (checking) account deposits; banks’ liquid assets at the central bank; treasury bills.
- Anotes and coins in circulation (yes); current account deposits (yes); banks' liquid assets at central bank (yes); treasury bills (no)
- Bnotes and coins in circulation (yes); current account deposits (yes); banks' liquid assets at central bank (no); treasury bills (no)
- Cnotes and coins in circulation (yes); current account deposits (no); banks' liquid assets at central bank (no); treasury bills (no)
- Dnotes and coins in circulation (no); current account deposits (no); banks' liquid assets at central bank (yes); treasury bills (yes)