Question
Which of the following is the amount of money in circulation in an economy?(1 point)
Responses
money supply
money supply
real GDP
real GDP
monetary policy
monetary policy
nominal GDP
Responses
money supply
money supply
real GDP
real GDP
monetary policy
monetary policy
nominal GDP
Answers
GPT-4o mini
The correct response is **money supply**.
The money supply refers to the total amount of money available in an economy at a particular point in time, including cash, coins, and balances held in bank accounts.
The money supply refers to the total amount of money available in an economy at a particular point in time, including cash, coins, and balances held in bank accounts.