i. foreign currency deposits of Canadian residents at chartered banks in Canada
ii. non-chequable notice and personal term deposits at chartered banks
iii. currency outside chartered banks
iv. publicly held demand deposits and chequable notice deposits at chartered banks
v. non-chequable notice and personal term deposits at near banks and some other liquid assets
vi. nonpersonal term deposits at chartered banks
vii. chequable notice deposits at near banks
-The M3 definition of money is composed of:
A) i through vi
B) ii through vii
C) ii, iii, iv, and v
D) i, ii, iii, iv, and vi
E) iv, v, and vi
Correct Answer:
Verified
Q2: Money functions as:
A)a store of purchasing power
B)a
Q3: Demand deposits are classified as money because:
A)they
Q4: i. foreign currency deposits of Canadian residents
Q5: i. foreign currency deposits of Canadian residents
Q6: Purchasing common stock by writing a cheque
Q8: i. foreign currency deposits of Canadian residents
Q9: The asset demand for money:
A)varies directly with
Q10: The asset demand for money is most
Q11: i. foreign currency deposits of Canadian residents
Q12: i. foreign currency deposits of Canadian residents
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