Which of the following is not counted as part of M1?
A) Silver coins.
B) Reserve Bank notes or 'paper money'.
C) Passbook savings deposits.
D) Cheque account deposits.
Correct Answer:
Verified
Q24: Which of the following statements is true?
A)
Q25: The precautionary demand for money:
A) varies inversely
Q26: As the interest rate decreases, the quantity
Q27: Three important motives for people to hold
Q28: Other things being equal, the quantity of
Q30: The quantity of money demanded to satisfy
Q31: Keynes called the money that people hold
Q32: Other things being equal, an increase in
Q33: The precautionary demand for money is the
Q34: Fiat money is:
A) commodity money issued by
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