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.The M2 definition of money includes:
A) items 1, 2, 3, and 6.
B) items 3, 4, 5, and 6.
C) items 2, 3, 4, and 6.
D) items 1, 2, 3, and 4.
Correct Answer:
Verified
Q41: Refer to the information below.The M1 definition
Q42: When we say that money serves as
Q43: Currency (paper money plus coins) constitute about:
A)80
Q44: The difference between M1 and M2 is
Q45: 1.Foreign currency deposits of residents booked in
Q47: The major component of the money supply
Q48: Demand deposits are:
A)included in M1 but not
Q49: The smallest component of the money supply
Q50: In 2017, the value of M2++ in
Q51: Coins held in chartered banks are:
A)included in
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