Which of the following is not a component of M1?
A) Passbook savings accounts balances
B) Non-bank traveler's checks
C) Currency
D) NOW accounts balances
Correct Answer:
Verified
Q97: Statement I: Banks in unit banking states
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Q100: An increase in the rate of interest
Q101: Statement I: States that prohibit branch banking
Q103: Relative to barter,money does NOT
A)facilitate specialization and
Q104: Which item is included in M1?
A)Large-denomination certificates
Q105: A goldsmith with 100 gold coins in
Q106: NOW (negotiable order of withdrawal)accounts
A)are really just
Q107: The largest United States bank in 2010
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