HC Deb 03 April 1985 vol 76 c683W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer, further to his answer of 5 March, Official Report, columns 495–96, concerning the supply of broad money and narrow money in the United Kingdom and certain other countries, whether he will publish a table in the Official Report showing the figures deflated by the increase in output or money gross domestic product.

Mr. Ian Stewart

The money supply data underlying the growth rates given in the previous answer were taken from financial statistics—for the United Kingdom—and from the IMF's international financial statistics — for other countries. Precise definitions were given in the footnotes to the table. The data on money GNP needed to construct estimates of velocity can also be found in international financial statistics (line 99a).

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