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Question
Which of the following have/has not been included in wealth of a nation?
Which of the following have/has not been included in wealth of a nation?
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Solution
The correct option is D Money Supply
Money supply refers to the total stock of money of all types (
currency as well as demand deposits) held by the people of a country at a given
point of time. Money supply includes
both currency held by the public in terms of
coins and paper notes as well as demand deposits of the people with the
commercial bank. These are not included in the wealth of a nation because these are the part of the money which is in circulation in the economy and does not form a part of the wealth of the nation.
Money supply refers to the total stock of money of all types ( currency as well as demand deposits) held by the people of a country at a given point of time. Money supply includes both currency held by the public in terms of coins and paper notes as well as demand deposits of the people with the commercial bank. These are not included in the wealth of a nation because these are the part of the money which is in circulation in the economy and does not form a part of the wealth of the nation.
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