Checkable deposits are included in:
A. M2 but not in M1.
B. both M1 and M2.
C. M1 but not in M2.
D. neither M1 nor M2.
Answer: B
You might also like to view...
In the figure above, firms
A) pay taxes directly to governments. B) sell goods and services to governments in goods markets. C) receive transfers from governments through factor markets. D) own factors of production. E) do all of the above.
What is the drop-in-the-bucket problem?
What will be an ideal response?
Generally speaking, firms _____ of their capital assets
a. prefer straight-line depreciation b. prefer accelerated depreciation c. are indifferent between straight-line and accelerated depreciation d. prefer not to depreciate
Cashing out capital gains in Virtual Currency System #3 (i.e., turning virtual capital gains into real world currencies) causes the nation's:
a. Monetary base to rise. b. M2 money supply to rise. c. M2 money supply to remain the same. d. M2 money supply to fall.