Many economists believe that savings accounts should be added to M1 because they
A) are larger in size than conventional checking accounts.
B) pay larger interest than checking accounts.
C) can be transferred quickly into checkable accounts.
D) are also insured by the federal government.
Correct Answer:
Verified
Q121: The early goldsmiths issued money in the
Q122: Savings deposits are included in
A)M1 but not
Q123: If bankers decide to keep a lower
Q124: Bank regulators are concerned about the safety
Q125: Fractional reserve banking began as a search
Q127: Recently, the financial crisis led to a
Q128: If checkable deposits in the first National
Q129: Credit cards
A)defer payments.
B)are a store of value..
C)have
Q130: If the required reserve ratio is 10
Q131: Excess reserves make a bank less vulnerable
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