The M2 measure of money equals
A) currency, personal non-personal demand and notice deposits, and fixed-term deposits.
B) currency plus chequable deposits.
C) currency.
D) currency plus personal deposits plus non-personal deposits plus stocks and bonds.
E) currency plus personal chequable deposits plus non-personal term deposits at chartered banks.
Correct Answer:
Verified
Q48: The supply of money is easier to
Q53: Gold is an example of
A)commodity money.
B)fiat money.
C)barter
Q54: Paper currency is
A)commodity money.
B)fiat money.
C)barter money.
D)a bond.
E)a
Q55: Which of the following qualities would make
Q56: Fiat money is generally issued by
A)private banks.
B)central
Q57: The M1+ measure of the money supply
Q59: Using the five criteria in the text,
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Q63: The Canadian government makes a profit from
Q83: The amount of national income in an
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