Which of the following is NOT included in the M1 definition of money?
A) checking deposits at savings and loans
B) currency held outside banks
C) time deposits
D) traveler's checks
Correct Answer:
Verified
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
Q59: M1 includes
A) currency, checking deposits and traveler's
Q60: When you keep money in a change
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)
Q65: Which of the following is NOT included
Q66: Which of the following is NOT included
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