M1 refers to:
A) Federal Reserve Notes and gold certificates.
B) currency held by the public plus checking account balances.
C) the broadest of the money-supply definitions .
D) bank loans.
Correct Answer:
Verified
Q21: Which definition of the money supply includes
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Q31: M2 refers to:
A) the most narrowly defined
Q34: Which of the following compose the M2
Q37: The M1 money supply is defined to
Q38: Which one of the following is the
Q38: Gold is a perfect medium of exchange
Q39: Which of the following is not counted
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