The amount of money reported as M2
A) is smaller than the amount reported as M1.
B) is larger than the amount reported as M1.
C) excludes coins and currency.
D) includes large ($100,000 or more) certificates of deposit.
Correct Answer:
Verified
Q18: Money functions as
A) a store of value.
B)
Q19: The paper money used in the United
Q20: Currency held in the vault of First
Q21: Assuming no other changes, if checkable deposits
Q22: Coins held in commercial bank vaults are
A)
Q24: The largest component of the money supply
Q25: A $20 bill is a
A) gold certificate.
B)
Q26: "Near monies" are included in
A) both M1
Q27: Checkable deposits are
A) included in M1.
B) not
Q28: Money market deposit accounts are included in
A)
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