M1 consists of:
A) currency only.
B) currency and checkable bank deposits only.
C) currency in circulation and checkable bank deposits only.
D) currency in circulation, checkable bank deposits, and traveler's checks only.
Correct Answer:
Verified
Q70: Banks don't lend out all of the
Q71: Which asset was used as money by
Q72: Included in M2 is/are:
A) currency in circulation
Q73: The Federal Reserve reports on two main
Q74: Currency, checkable deposits, and traveler's checks are
Q76: Suppose you transfer $500 from your savings
Q77: Suppose you transfer $500 from your checking
Q78: Which asset is part of M1?
A) long-term
Q79: Prior to the Civil War:
A) the U.S.
Q80: Near-moneys are:
A) paper money.
B) fiat money.
C) highly
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