Which of the following is NOT included in the M1 money supply?
A) demand deposits
B) time deposits
C) currency in circulation
D) traveler's checks
Correct Answer:
Verified
Q23: Which is the most liquid asset?
A) a
Q24: A demand deposit is the balance:
A) in
Q25: An asset is liquid when it:
A) is
Q26: An example of a time deposit is
Q27: Nina tells her father that paying for
Q29: M2 equals M1:
A) plus gold reserves.
B) minus
Q30: The monetary base equals:
A) M1 plus commercial
Q31: Bank reserves are:
A) not part of M1
Q32: Rather than have a money system of
Q33: What connection does the underground economy have
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