Which of the following statements is true?
A) Assets counted in M1 are more liquid than assets counted in M2.
B) M2 is a part of M1.
C) Credit card spending is counted as part of M1.
D) Savings deposits are included in M1.
Correct Answer:
Verified
Q43: In the United States, coins are produced
Q44: M2 consists of
A)amounts in savings accounts, money-market
Q45: The new coin introduced in 2000, which
Q46: The reason why people are putting more
Q47: M1 consists of
A)coins, paper currency, and travelers
Q49: A bill is introduced into Congress proposing
Q50: The demand for U.S.currency increased in the
Q51: Most U.S.currency is held by
A)U.S.citizens.
B)banks.
C)the Federal Reserve.
D)foreigners.
Q52: Describe each of the four functions of
Q53: M1 - coins and currency - amount
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