The LARGEST monetary aggregate is:
A) M1+,because it contains all of the currency in circulation.
B) M2+,because it contains currency in circulation,all bank deposits,other deposits,and deposit-like assets.
C) the reserves in the vaults of the Bank of Canada because they are the money multiplier.
D) the total volume of stocks and bonds,because they store most of the national wealth.
Correct Answer:
Verified
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A) M2 includes the
Q59: Which asset is NOT included in M1+?
A)
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