The largest component of the money supply (M1) is
A) currency in bank vaults.
B) currency in circulation.
C) checkable deposits.
D) stock certificates.
Correct Answer:
Verified
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)
Q23: The amount of money reported as M2
A)
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)
Q29: Small-denominated time deposits, by definition
A) mature in
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