Which of the following is not counted in M1?
A) checking account balances
B) credit card balances
C) coins in circulation
D) currency in circulation
E) traveler's check balances
Correct Answer:
Verified
Q52: If gold is used as money in
Q53: Economists estimate that _ of U.S.currency is
Q54: The Federal Reserve's narrowest definition of the
Q55: If the Federal Reserve decided to include
Q56: An economy without money would have no
Q58: Money will fail to serve as a
Q59: The M1 measure of the money supply
Q60: The most liquid measure of money supply
Q61: The M2 measure of the money supply
Q62: If households in the economy decide to
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