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Economics glossary · Policy and the financial sector

Notes and coins

What notes and coins means in economics, as one of what the two measures count, with an example and a question to test yourself.

Definition
Notes and coins
Notes and coins are cash, the most liquid money there is, and they count in both narrow and broad money.
Example

Can you think of an example of notes and coins?

Test yourself

Can you name the four kinds of asset that make up narrow and broad money?

Learn it properly: the module

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