Broad money
What Broad money means in Economics A-Level, as defined for AQA.
Definition of Broad money
Check what you remember
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Reference: AQA
Narrow money plus less liquid assets that act as a store of value, including time deposits, savings accounts and certificates of deposit.
Topics that use Broad money
- The structure of financial markets and financial (AQA A-Level)
Related terms
- Coupon
- Equity
- Equity finance
- Exchange rates
- Financial intermediation
- Financial markets
- Investment
- Liquidity
Using Broad money in the exam
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