M2 includes
A) M1,plus savings and time deposits of small denomination,and money market mutual funds
B) M1 plus savings and time deposits of large denomination (over $100,000)
C) M1 plus banks acceptances and Treasury bills
D) M1 plus currency and demand deposits
E) None of the above
Correct Answer:
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Q25: Money does not serve as a
A)Medium of
Q26: If the reserve ratio is 10% and
Q27: The inflation rate and the growth in
Q28: When a central bank wants to increase
Q29: If the reserve ratio is 20% and
Q31: If the reserve ratio is 10% and
Q32: M1 includes
A)Currency and coins in circulation,traveler's checks,demand
Q33: If the Open Market Committee of the
Q34: The basic money supply is
A)Composed of small
Q35: Which of the following is true of
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