Currency held by the nonbanking public is a medium of exchange.
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Q101: M1 includes currency held in bank vaults.
Q102: Savings deposits and time deposits are not
Q103: The narrow definition of the money supply
Q104: Most of the Fed's liabilities are in
Q105: Lowering the discount rate:
A)encourages banks to borrow
Q107: To increase the money supply,the Fed might:
A)increase
Q108: To increase the money supply,the Fed might:
A)increase
Q109: Savings accounts have specific maturity dates.
Q110: Assume that there are no excess reserves
Q111: In the United States,paper money is redeemable
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