Which of the following is included in M1?
A) the $200 loan you arranged to purchase your textbooks
B) the $200 you charged on your credit card to purchase your textbooks
C) the $200 check you wrote to purchase your textbooks
D) the $200 in cash you used to purchase your textbooks
Correct Answer:
Verified
Q62: Checking deposits are included in
A) M1 and
Q63: Which of the following is NOT included
Q64: The definition of M2 includes
I. M1.
II. money
Q65: In an economy, there is $200 million
Q66: The definition of M2 includes
A) M1.
B) time
Q68: Which of the following is NOT included
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Q72: Suppose you cash in a Certificate of
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