Which statement is true?
A) Coins constitute 90% of currency.
B) Paper money constitutes 90% of M1.
C) Paper money constitutes 90% of currency.
D) Coins constitute 90% of M1.
Correct Answer:
Verified
Q50: Which asset is included in M1?
A) savings
Q88: Near money includes:
A) some of M2 and
Q89: Near monies include:
A) savings deposits.
B) currency.
C) demand
Q96: Which of these would be called near
Q126: Which statement is incorrect?
A) Near money cannot
Q135: Which statement about M1 and M2 is
Q181: M2 includes all of these EXCEPT
A) M1.
B)
Q215: Which asset is NOT included in M2?
A)
Q266: Which asset is the MOST liquid?
A) demand
Q278: Which statement about M2 is incorrect?
A) M2
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