monetary aggregate

noun

Definition of monetary aggregate

: one of the formal categories of money (such as cash and demand deposits or bank credits) in a national economy that is used as a measure in predictions of economic growth

First Known Use of monetary aggregate

1946, in the meaning defined above

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The first known use of monetary aggregate was in 1946

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Cite this Entry

“Monetary aggregate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/monetary%20aggregate. Accessed 11 May. 2021.

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