Checking account balances that are linked to debit cards are included in:
A) M1.
B) M2 only.
C) both M1 and M2.
D) neither M1 nor M2.
Correct Answer:
Verified
Q24: In the United States, the money supply
Q25: Banks create money in:
A) a 100-percent-reserve banking
Q26: In the United States, bank reserves consist
Q27: In a 100-percent-reserve banking system, if a
Q28: Open-market operations are:
A) Commerce Department efforts to
Q30: In a system with fractional-reserve banking:
A) all
Q31: Money market mutual fund shares are included
Q32: In a system with 100-percent-reserve banking:
A) all
Q33: All of the following assets are included
Q34: Credit card balances are included in:
A) M1
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