Over time:
A) all three measures of money have increased,in general.
B) M1 spiked up dramatically in 2008 in response to the financial crisis.
C) M2 spiked up dramatically in 2009 in reaction to the increase in M1 in 2008.
D) All of these are true.
Correct Answer:
Verified
Q63: If we wanted to consider all the
Q64: The cash you have in your wallet
Q65: A central bank is:
A)the institution ultimately responsible
Q66: Your checking account balance would be counted
Q67: Central banks:
A) exist in almost every major
Q69: Comparing _ can give us some sense
Q70: M1 is considered _ measure of money
Q71: Your savings account balance would be counted
Q71: An essential function of a central bank
Q76: A Certificate of Deposit would be counted
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