The M2 measure of money consists of the sum of
A) savings deposits,and money market mutual funds.
B) currency,demand and savings deposits,and small time deposits.
C) currency,demand and savings deposits.
D) M1,personal savings deposits,and non-personal time deposits.
E) M1,savings deposits,and money market mutual funds.
Correct Answer:
Verified
Q32: In Macroland,there is $2,000,000 in currency.The public
Q33: The desired reserve-deposit ratio is equal
A) 10%
Q34: In Econland,all $5,000,000 in currency is held
Q35: The M2 measure of money consists of
Q36: In Econland,all $15,000,000 in currency is held
Q38: Cash and similar assets held to meet
Q39: Fiat money refers to
A) a one-dollar coin.
B)
Q40: Money eliminates the need for a double
Q41: If banks' desired reserve ratio increases from
Q42: Commercial banks create new money
A) by printing
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