Which one of the following is included in M3,but not in M2?
A) Bank of Canada term deposits
B) foreign currency deposits of residents of Canada
C) Canadian currency held by foreigners
D) Eurodollars
E) personal term deposits
Correct Answer:
Verified
Q1: The monetary base includes
A) currency outside banks
Q2: Monetary aggregates are
A) the various roles of
Q3: Money is useful in exchange when
A) credit
Q4: Double coincidence of wants means
A) two economic
Q5: Monetary aggregates are useful indirect measures of
A)
Q7: Nominal bonds can be issued by
A) government,
Q8: The two most common types of money
Q9: The most narrowly defined monetary aggregate is
A)
Q10: Barter,the exchange of goods for goods,relates to
A)
Q11: The most distinguishing economic feature of money
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