Which of the following is part of M1?
A) short-term certificates of deposit
B) shares of corporate stock
C) currency in a bank's vault
D) checkable bank deposits
Correct Answer:
Verified
Q62: Included in M1 are:
A) checkable bank deposits.
B)
Q74: Currency, checkable deposits, and traveler's checks are
Q75: Currency is about _ of M1.
A)10%
B)22%
C)75%
D)100%
Q76: If the currency in circulation is $100
Q76: Suppose you transfer $500 from your savings
Q77: Checkable deposits are about _ of M1.
A)100%
B)67%
C)30%
D)10%
Q80: Use the following to answer questions:
Table: Components
Q84: Banks are illiquid because:
A) their deposits are
Q93: The reserve ratio is the fraction of
Q99: A reserve ratio is the:
A) proportion of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents