In the context of monetary policy, which of the following statements is true of money supply?
A. The M1 money supply includes market accounts and certificates of deposit.
B. The M1 money supply includes all currency plus checking accounts and traveler's checks.
C. The M2 money supply excludes all of the M1 supply except certificates of deposit.
D. The M2 money supply excludes paper bills and metal coins.
Answer: B
You might also like to view...
The Hay profile method is useful for evaluating jobs of all types and levels.
Answer the following statement true (T) or false (F)
Cherry and Basil are minors who marry each other. Their minority status may be terminated under the laws of? A)?all states
B)?most states. C)?some states. D)?no states.
Patterns also hold the promise of ________
A) recipes B) methodology C) reuse D) all of the above
Round to the hundredth place: 45.137
A) 45.00 B) 45.10 C) 45.1 D) 45.14