Which of the following is part of M1?
A) long-term certificates of deposit
B) corporate bonds
C) currency in a person's purse
D) money market fund account balances
Correct Answer:
Verified
Q62: Included in M1 are:
A) checkable bank deposits.
B)
Q63: After 1873, the U.S. government:
A) stopped redeeming
Q69: Which of the following financial assets belongs
Q72: Included in M2 is/are:
A) currency in circulation
Q73: The Federal Reserve reports on two main
Q75: Currency is about _ of M1.
A)10%
B)22%
C)75%
D)100%
Q76: Suppose you transfer $500 from your savings
Q76: If the currency in circulation is $100
Q77: Suppose you transfer $500 from your checking
Q77: Checkable deposits are about _ of M1.
A)100%
B)67%
C)30%
D)10%
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