The correct understanding of the monetary aggregates hierarchyin China is().


The correct understanding of the monetary aggregates hierarchyin China is().

A.M0 = currency in circulation

B.M1 = M0 + Demand Deposit

C.M2 = M1 + Quasi money

D.Quasi money includes fixed deposits of enterprise,savings deposits,customer margin deposits of securities companies,other deposits.

E.M0 = currency in circulation + demand deposit

正确答案:M0 = currency in circulation;M1 = M0 + Demand Deposit;M2 = M1 + Quasi money;Quasi money includes fixed deposits of enterprise,savings deposits,customer margin deposits of securities companies,other deposits.