Mind map
M0
Map content
M0
Narrow money
Includes notes and coins in circulation plus banks' operational deposits lodged with the BoE.
Is an indication of consumer spending and retail sales.
Growth in M0 indicates that consumer spending is buoyant.
Contraction in M0 indicates that consumers are behaving more cautiously.
M0 reflects changing in economic cycle but does not cause them as it has little effect on total national output or inflation.
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- Description
- CIMA Financial Planning Mind Map on M0, created by Katerina Kritikos on 08/05/2022.
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- Katerina Kritikos
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