Which of the following counts as part of M1?
A) $5,000 worth of gold
B) $5,000 worth of government bonds
C) $5,000 in a checking account
D) $5,000 credit line on a credit card
E) $5,000 of real estate
Correct Answer:
Verified
Q81: A commercial bank is defined as
A)any institution
Q82: If someone buries money in a tin
Q83: The largest category of commercial banks' assets
Q84: Credit cards,debit cards,and e-checks are
A)always counted as
Q85: M2 equals
A)M1 and is just another name
Q87: Banks earn a profit by
A)keeping as many
Q88: _ like a check and _ considered
Q89: If currency outside of banks is $800
Q90: Which statement is most correct about the
Q91: Which of the following is NOT a
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