1887

Monetary aggregates

Monetary aggregates are the money circulating in an economy to satisfy its current monetary needs. There are two indicators for monetary aggregates collected by the OECD: "narrow money" (M1); a means of exchange and "broad money" (M3); a way to store value. Monetary aggregates are measured as a seasonally adjusted index based on 2010=100.

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Keywords: M3, aggregate, monetary, broad, narrow, M1, money

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