M1 equals currency plus demand deposits plus
A) nothing else.
B) other checkable deposits.
C) traveler's checks plus other checkable deposits.
D) traveler's checks plus other checkable deposits plus savings deposits.
Correct Answer:
Verified
Q51: Fiat money
A)is worthless.
B)has no intrinsic value.
C)may be
Q52: If an economy used gold as money,its
Q53: The legal tender requirement means that
A)people are
Q54: Demand deposits are a type of
A)checking account.
B)time
Q55: Which list ranks assets from most to
Q57: The Soviet government in the 1980's never
Q58: When prisoners use cigarettes or some other
Q59: People can write checks against
A)demand deposits and
Q60: The primary difference between commodity money and
Q61: Which of the following statements is correct?
A)All
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