Which of the following is not counted as part of M1?
A) Silver coins.
B) Reserve Bank notes or 'paper money'.
C) Passbook savings deposits.
D) Cheque account deposits.
E) Traveller's cheques.
Correct Answer:
Verified
Q24: Which of the following statements is true?
A)
Q25: The precautionary demand for money:
A) varies inversely
Q28: Other things being equal, the quantity of
Q31: Keynes called the money that people hold
Q32: Other things being equal, an increase in
Q37: The M1 definition of the money supply
Q40: The quantity of money demanded to satisfy
Q40: People learn to hold a specific quantity
Q49: Which type of demand for money causes
Q71: As the interest rate decreases, the quantity
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