Which of the following is not part of the M1 money supply?
A) paper bills (currency)
B) travelers' checks
C) savings deposits
D) coins
Correct Answer:
Verified
Q172: Reserves that banks are required by law
Q229: A reserve requirement of 20 percent implies
Q230: Second National Bank confronts a reserve requirement
Q231: Suppose the U.S.Treasury issues and sells $100
Q232: The value (purchasing power)of each unit of
Q233: When economists say that money serves as
Q236: As the Fed increased its asset holdings
Q237: If the Federal Reserve wanted to expand
Q238: Suppose the Fed sells $100 million of
Q239: Which of the following tends to reduce
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents