Which of the following is true of M1 and M2?
A) M1 is nearly three times as large as M2.
B) M2 is made up mostly of demand and checkable deposits.
C) M2 is substantially larger than M1.
D) M2 consists of M1 and savings deposits only.
E) M1 is made up of M2 and certificates of deposit only.
Correct Answer:
Verified
Q51: Which of the following backs the supply
Q52: Which of the following is included in
Q53: M2 includes:
A)M1 plus savings deposits only.
B)M1 plus
Q54: Which of the following is the least
Q55: Which of the following is an asset
Q57: Which of the following is true of
Q58: Which of the following is true of
Q59: Which of the following is true of
Q60: An increase in the circulation of currency
Q61: Demand deposits are:
A)assets of banks and liabilities
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