Which one of the following is true?
A) Transaction deposits are counted in M2 but are not included in M1.
B) Most of the U.S. currency in existence circulates outside U.S. borders.
C) Traveler's checks are not considered to be money because they are not valid unless signed.
D) Balances in money market deposit accounts are counted in M1 but are not included in M2.
Correct Answer:
Verified
Q194: Q202: If people withdraw $10 million from the Q202: Which of the following assets are counted Q203: Q204: Small-denomination certificates of deposits are Q206: The M2 measure of money is suggested Q208: The narrowest definition of the money supply Q214: Which of the following is NOT included Q215: For a small-denomination certificate of deposit to Q220: Which of the following is included in
A) included in
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