Which of the following is used by the Reserve Bank of Australia as the main measure of monetary movements in Australia?
A) M1
B) M3
C) broad money
D) credit
Correct Answer:
Verified
Q41: M1 includes:
A)currency plus demand deposits in banks.
B)currency
Q42: 'Broad money' is usually less than M3
Q43: When Gina Rinehart is described as 'the
Q44: In February 2016, the level of credit
Q45: A person's 'wealth':
A)is a measure of how
Q47: Suppose that you decide that you no
Q48: 'Liabilities' are:
A)something owned by a firm.
B)something the
Q49: If you transfer all of your currency
Q50: The narrowest definition of the money supply
Q51: Credit cards are considered:
A)part of M1.
B)part of
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