Money — Formula Sheet
Telangana Open School (TOSS) · Class 12 · Economics
4 formulas from Money (Telangana Open School (TOSS) Class 12 Economics) on one page, grouped by topic. Covers Concept and Evolution of Money, Barter.
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Formulas and Key Relations
Money Supply and Related Concepts
M₀ = Currency in circulation + Bankers' deposits with RBI + Other deposits with RBI
M₁ = Currency with public + Demand deposits + Other deposits with RBI
M₂ = M₁ + Savings deposits (time liability) + Certificates of Deposit + Short-term term deposits
M₃ = M₂ + Long-term term deposits + Call/term borrowings of banks
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