Which of the following statements is FALSE?
A) The velocity of money has increased since 2000.
B) Currency is the largest component of M1.
C) M1 as a percentage of GDP typically ranges from 50 to 75%.
D) Deamnd deposits and other cehckable deposits are balances in accounts.
Correct Answer:
Verified
Q44: The velocity of money is:
A) how fast
Q45: The velocity of money measures:
A) the ratio
Q46: During the course of a year, the
Q47: The average number of times the money
Q48: Generally speaking, from 1980 through 2010, the
Q50: Someone arguing that M2 is a better
Q51: To determine M2 you must:
A) add time
Q52: An account at a commercial bank or
Q53: The ease of converting an asset to
Q54: Liquidity refers to:
A) the ability to convert
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