1.Foreign currency deposits of residents booked in Canada 2.Personal savings deposits at the chartered banks
3) Currency (coins and paper money)
4) Demand deposits
5) Government securities
6) Non-personal notice deposits at the chartered banks
Refer to the above information.Which of the following is not included in any of the official definitions of money?
A) item 1
B) items 1 and 4
C) no item
D) item 5
Correct Answer:
Verified
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Q47: The major component of the money supply
Q48: Demand deposits are:
A)included in M1 but not
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