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单词 sterling M3
释义
sterling M3

Economics
  • A former measure of broad money in the UK, including the following components:

    1. (1) M0, that is, currency, plus banks’ till money, plus banks’ balances at the Bank of England;

    2. (2) UK private sector sight bank deposits; and

    3. (3) UK private sector time deposits plus public sector sterling deposits. This measure is now known simply as M3.


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