Which of the following items is included in the M1 money supply?
A) $10 bills in the Bank of America
B) a $5,000 student loan granted to a U.S.citizen
C) coins in a Pepsi vending machine,waiting to be used as change
D) a $5,000 line of credit on a newly graduated student's credit card
E) $1,500 in a student's saving account
Correct Answer:
Verified
Q62: Q63: If Rob deposits $300 in currency into Q64: When people make deposits of currency into Q65: If currency outside of banks is $800 Q66: In December 2009,currency outside of banks was Q68: Which of the following are included in Q69: M2 consists of Q70: M1 is defined as a measure of
A)M1 plus traveler's checks.
B)M1 plus
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