Which of the following is not a component of M1?
A) Currency
B) Passbook savings account
C) Checking accounts
D) Traveler's checks issued by non-banks
Correct Answer:
Verified
Q39: Most (75%)of the financial transactions are through
Q40: People tend to hold more money as
A)the
Q41: Statement I: One job of money is
Q42: Statement I: The dividing line between small
Q43: Which statement is true?
A)Money may perform as
Q45: Coins in the hands of the public
Q46: Statement I: Our money supply is backed
Q47: Use of money as a medium of
Q48: Statement I: Large denomination CDs are not
Q49: Paper money in the United States is
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