Which of the following is not included in any of the measures of the money supply?
A) Credit union share drafts.
B) Cash in the vault of a commercial bank.
C) Currency in circulation outside of commercial banks.
D) Transactions account balances at mutual savings banks.
Correct Answer:
Verified
Q28: Bradley digs out $50 from his cookie
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
Q34: NOW and ATS accounts are included in
A)M1
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
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