Savings deposits and time deposits are not included in M1 because these are not held by the nonbanking public.
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Q97: When the Fed sells U.S.government securities to
Q98: Suppose the required reserve ratio is 0.2
Q99: The table below shows the balance
Q100: The higher the required reserve ratio,_.
A)the larger
Q101: M1 includes currency held in bank vaults.
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
Q106: Currency held by the nonbanking public is
Q107: To increase the money supply,the Fed might:
A)increase
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