Money
Telangana Open School (TOSS) · Class 12 · Economics
All formulas from Money in Telangana Open School (TOSS) Class 12 Economics. Key equations, constants, and identities for board exam preparation.
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Formulas
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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