Which of the following statements is correct?
A) All items that are included in M1 are included also in M2.
B) All items that are included in M2 are included also in M1.
C) Credit cards are included in both M1 and M2.
D) Savings deposits are included in both M1 and M2.
Correct Answer:
Verified
Q56: M1 equals currency plus demand deposits plus
A)nothing
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
Q62: Which of the following is included in
Q63: Which of the following is not included
Q64: M1 includes
A)small time deposits.
B)savings deposits.
C)other checkable deposits.
D)money
Q65: Traveler's checks are included in
A)M1 but not
Q66: Demand deposits are included in
A)M1 but not
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