Currency in circulation is part of:
A) M1 only.
B) M2 not including M1.
C) neither M1 nor M2.
D) both M1 and M2.
Correct Answer:
Verified
Q2: The amount of money reported as M2
A)is
Q21: Assuming no other changes, if checkable deposits
Q22: Checkable deposits include
A)both large- and small-denominated time
Q25: Small-denominated time deposits, by definition
A)mature in one
Q27: Checkable deposits are
A) included in M1.
B) not
Q28: The difference between M1 and M2 is
Q31: Assuming no other changes, if checkable deposits
Q33: A checking account entry is money because
Q37: The near-money components of M2 are
A) equally
Q39: Assuming no other changes, if balances in
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