Based on the following information, the value of the M1 measure of the money supply is ________ and the value of the M2 measure of the money supply is ________.
A) $530 billion; $3,700 billion
B) $330 billion; $4,230 billion
C) $520 billion; $4,320 billion
D) $530 billion; $4,230 billion
Correct Answer:
Verified
Q27: Savings deposits are _ the M1 measure
Q28: The reserve-deposit ratio equals:
A)10 percent of bank
Q29: When a bank makes a loan by
Q30: Bank reserves are:
A)currency and customer checking deposits.
B)currency,
Q31: Banks hold reserves:
A)to earn interest.
B)to increase profits.
C)only
Q33: Assets of the commercial banking system include:
A)reserves
Q34: The components of M2 that are not
Q35: Money market mutual funds are _ the
Q36: If the Central Bank of Macroland puts
Q37: The amount of money in the United
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