NOW and ATS accounts are included in
A) M1 only.
B) M2 only.
C) Both M1 and M2.
D) None of the choices are correct.
Correct Answer:
Verified
Q29: One of the main functions of banks
Q30: Savings accounts are included in
A)M1 only.
B)M2 only.
C)M1
Q31: The various money supply measures (M1 and
Q32: When a bank makes a loan,it
A)Reduces the
Q33: Which of the following is not included
Q35: Suppose Oscar withdraws $100 from his checking
Q36: Currency in circulation is included in
A)M1 only.
B)M2
Q37: One of the essential functions a bank
Q38: Which of the following appears in M2
Q39: Deposit creation occurs when
A)A bank lends money.
B)A
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents