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Addition of Numbers with More Than 1 Digit

M1 includes:[...

Question

M1 includes:

[0.80 marks]

A

C - DD + OD

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B

C + DD - OD

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C

C + TD + OD

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D

C+DD+OD

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Solution

The correct option is D C+DD+OD
$M_{1} = C + D D + O D$
Here,
C = It refers to the currency held by the public.
DD = It refers to the demand deposits of the people with the commercial banks.
OD = It refers to other deposits.

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