Which of the following is not included in M1?
A) Credit union share drafts.
B) Transactions account balances at mutual savings banks.
C) Currency in circulation outside of commercial banks.
D) Savings account balances at a federal savings bank.
Correct Answer:
Verified
Q29: NOW and ATS accounts are included in
A)M1
Q30: Suppose Megan withdraws $75 from her savings
Q31: Suppose Jared takes $200 from his savings
Q32: Which of the following is not included
Q33: The different components of the money supply
Q35: Currency in circulation is included in
A)M1 only.
B)M2
Q36: Bradley digs out $50 from his cookie
Q37: Suppose Jason takes $150 he had in
Q38: Suppose Oscar withdraws $100 from his checking
Q39: The majority of the basic money supply
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