Which one of the following is included in M2 but NOT in M1?
A) coins and currency
B) transaction deposits
C) a savings deposit
D) large-denomination time deposits
Correct Answer:
Verified
Q196: In defining money as M1, economists exclude
Q197: U.S. paper currency is issued by the
A)
Q198: Which of the following is NOT included
Q199: Which of the following is a time
Q200: An account issued by banks yielding a
Q202: Which of the following assets are counted
Q203: The M2 money supply is equal to
Q204: Small-denomination certificates of deposits are
A) included in
Q205: The largest component of M1 is
A) transaction
Q206: A checking account balance in a commercial
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