The International Monetary Fund’s classification is broad. The levels of money supply are divided as follows:

M0 = cash

M1 = M0 + demand deposits

M2 = M1 + urban and rural residents’ savings deposits + time deposits + other deposits< /p>

M3=M2+commercial paper+large negotiable certificate of deposit

If you only count the cash in circulation, it is a narrow scope.

If you count cash, and you count people’s checking deposits, that’s medium-sized.

If you count cash and demand deposits, as well as people’s time deposits, it’s a wide range.

The statistical caliber is based on the standard you gave, how many samples meet this standard.