What do you understand by the term money supply, Macroeconomics

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What do you understand by the term money supply

Problem

1. What do you understand by the term 'money supply'? Giving examples from your own country, distinguish between 'narrow money' and 'broad money'.

2. What roles are played by money in modern economies? Why might inflation under-mine these roles?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What do you understand by the term money supply

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