Which of the following would count as money in the M2 measure of the money supply?
A) stock in General Motors that is worth $10,000
B) a house that sells for $400,000
C) a savings account that has a balance of $20,000
D) bonds that are worth $50,000
Correct Answer:
Verified
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
Q34: Cryptocurrency is:
A) a privately issued digital currency
Q36: A banking system has $800 billion in
Q37: A banking system has $200 billion in
Q38: A banking system has $900 billion in
Q39: Which of the following equations shows how
Q40: The portion of deposits that a bank
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