Which of the following is included in M1?
A) Currency in circulation.
B) Currency in a bank's vault.
C) Credit card balances.
D) All of the choices are correct.
Correct Answer:
Verified
Q19: Money does all of the following except
A)Reduce
Q20: The direct exchange of one good for
Q21: Savings accounts are included in
A)M1 only.
B)M2 only.
C)M1
Q22: Which of the following is not correct
Q23: Transactions account balances are included in
A)M1 only.
B)M2
Q25: Which of the following is not included
Q26: Traveler's checks are included in which of
Q27: Which of the following is not included
Q28: Which of the following appears in M2
Q29: NOW and ATS accounts are included in
A)M1
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