Coins in people's pockets and purses are
A) included in M1 but not in M2.
B) included both in M1 and in M2.
C) included in M2 but not in M1.
D) excluded from M1 and M2 because people can exchange them for Federal Reserve notes.
Correct Answer:
Verified
Q31: Assuming no other changes, if checkable deposits
Q32: Currency in circulation is part of
A) M1
Q33: A checking account entry is money because
Q34: The difference between M1 and M2 is
Q35: Near monies
A) include all financial and real
Q37: The near-money components of M2 are
A) equally
Q38: The M2 money supply includes
A) stock certificates.
B)
Q39: Assuming no other changes, if balances in
Q40: Checkable deposits include
A) both large- and small-denominated
Q41:
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