Currency in circulation is included in
A) M1 only.
B) M2 only.
C) Both M1 and M2.
D) None of the choices are correct.
Correct Answer:
Verified
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
Q34: NOW and ATS accounts are included in
A)M1
Q35: Suppose Oscar withdraws $100 from his checking
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
Q40: Suppose Jason takes $150 he had in
Q41: Initially a bank has a required reserve
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