M1 includes
A) currency, checking deposits and traveler's checks.
B) money market mutual funds, stocks and bonds.
C) money, checking deposits and traveler's checks.
D) money, stocks and bonds.
Correct Answer:
Verified
Q54: Nicholas is saving money collected from his
Q55: In a world with no money, costs
Q56: Which of the following is an example
Q57: When you toss your spare quarters into
Q58: Which of the following is money?
A) credit
Q60: When you keep money in a change
Q61: Which of the following is NOT included
Q62: The largest component of M2 is
A) travelers
Q63: The definition of M2 includes
I. M1.
II. money
Q64: Checking deposits are included in
A) M2 only.
B)
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