Which of the following is NOT included in M1 or M2?
A) checking account balances
B) currency in circulation outside of commercial banks
C) traveler's checks
D) credit card balances
Correct Answer:
Verified
Q16: In the _ increases in the supply
Q17: As inflation rates increase, money becomes less
Q18: Money is
A) anything that is regularly used
Q20: If money is used as a mechanism
Q22: Checking accounts that pay interest are included
Q23: Which of the following is NOT included
Q24: About 46 percent of M1 is composed
Q25: In the United States economy, what is
Q74: M1
A) is the sum of currency plus
Q94: Along with currency not in banks and
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