All of the following are components of the M1 money supply except
A) traveler's checks
B) demand deposits
C) coin and paper money
D) savings deposits
Correct Answer:
Verified
Q50: Money is anything that
A) earns income for
Q51: All U.S. currency, including paper money and
Q52: The purpose of the legal tender pledge,
Q53: The basic money supply, M1, places primary
Q54: The broader definitions of the money supply
Q56: All of the following are part of
Q57: The largest source of the M1 money
Q58: The largest component of the M1 money
Q59: A commercial bank is a
A) FDIC-owned company
B)
Q60: A bank's balance sheet shows "checking deposits"
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