M2 equals
A) M1 and is just another name for currency outside of banks.
B) M1 plus savings deposits and small time deposits minus money market fund deposits.
C) M1 plus savings deposits, small time deposits, and money market fund deposits.
D) M1 minus traveler's checks because they are not really money.
E) currency plus savings deposits, all time deposits, and money market funds and other deposits.
Correct Answer:
Verified
Q115: Which of the following are considered money?
i.electronic
Q116: In performing which of its primary functions
Q117: If a single bank has $25,000 in
Q118: Credit cards are
A)a form of money used
Q119: A bank has $250 in checking deposits,
Q121: Money is best defined as
A)anything that is
Q122: The Banks of the Mississippi has excess
Q123: If the currency drain ratio is 0.2
Q124: The monetary base is equal to
A)Federal Reserve
Q125: An increase in the currency drain ratio
A)decreases
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