Which of the following financial assets belongs to M2 but not to M1?
A) a savings account
B) a checkable deposit
C) currency
D) traveler's checks
Correct Answer:
Verified
Q62: Included in M1 are:
A) checkable bank deposits.
B)
Q63: After 1873, the U.S. government:
A) stopped redeeming
Q64: Which of the following is part of
Q65: When a waiter deposits his cash tips
Q66: Use the following to answer questions:
Table: Components
Q72: Included in M2 is/are:
A) currency in circulation
Q72: Which of the following is part of
Q73: The Federal Reserve reports on two main
Q76: Suppose you transfer $500 from your savings
Q77: Suppose you transfer $500 from your checking
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