The M1 definition of the money supply includes:
A) coins and currency in circulation.
B) coins and currency in circulation and checkable deposits.
C) Federal Reserve notes, gold certificates, and checkable deposits.
D) Federal Reserve notes and bank loans.
Correct Answer:
Verified
Q72: By definition, M1 includes:
A) savings accounts.
B) money
Q73: Which of the following is considered part
Q74: Which of the following items is included
Q75: Which of the following is not considered
Q76: Which of the following compose the M2
Q78: M1 refers to:
A) the most narrowly defined
Q79: Economists who prefer a broader definition of
Q80: Which of the following is not part
Q81: Decisions regarding purchases and sales of government
Q82: M2 is equal to M1 plus:
A) savings
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