The M1 definition of the money supply includes all of the following EXCEPT
A) currency.
B) transaction deposits.
C) savings accounts.
D) travelers checks.
Correct Answer:
Verified
Q188: In defining money according to the transactions
Q189: Q190: The liquidity approach to measuring the money Q191: Currency consists of Q192: An interest-earning account that can be withdrawn Q194: Small-denomination time deposits are less than Q195: If the transactions approach to measuring money Q196: In defining money as M1, economists exclude Q197: U.S. paper currency is issued by the Q198: Which of the following is NOT included
A) only coins minted by
A) $1
A)
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