Which of the following is FALSE?
A) All assets included in M1 are also included in M2.
B) M2 includes near moneys.
C) Near moneys cannot be used in transactions but are very liquid.
D) Credit card balances are included in M1 but not in M2.
Correct Answer:
Verified
Q59: Digital cash
A) offers no advantages over paper
Q60: Digital cash
A) consists of M1 and M2
B)
Q61: Smart cards and digital cash
A) cannot serve
Q62: Which of the following is FALSE?
A) The
Q63: Which of the following is FALSE?
A) Banks
Q65: Which of the following is FALSE?
A) Balances
Q66: Without money, exchange is conducted by _
Q67: Barter requires a _ of wants.
Q68: Money promotes efficiency in an economy by
Q69: The Federal _ System is the U.
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