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M4

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CIMA Financial Planning Mind Map on M4, created by Katerina Kritikos on 08/05/2022.
Katerina Kritikos
Mind Map by Katerina Kritikos, updated more than 1 year ago
Katerina Kritikos
Created by Katerina Kritikos over 2 years ago
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Resource summary

M4
  1. 'Broad money'
    1. Comprises notes and coins in circulation plus all instant access and time deposit accounts of UK residents with UK banks and building socieities.
      1. Includes deposits created by banks and building societies through their lending activities as well as standard savings deposits.
        1. An increase in demand for loans will result in faster growth of M4.
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