Which one of the following is included in M3, but not in M2?
A) Bank of Canada term deposits
B) foreign currency deposits of residents of Canada
C) Canadian currency held by foreigners
D) Eurodollars
E) personal term deposits
Correct Answer:
Verified
Q15: Nominal bonds can be issued by
A) government,
Q16: Neutrality of money refers to
A) a certain
Q17: Fiat money is
A) commodity money.
B) commodity-based paper
Q18: Which of the following is included in
Q19: Barter, the exchange of goods for goods,
Q21: Lower inflation over the long run tends
Q22: The Fisher relationship may be described by
Q23: The monetary intertemporal model contains the fact
Q24: Equilibrium in the credit card market
A) determines
Q25: If R < q, then
A) the marginal
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