Which of the following is included in M1, but not included in M2?
A) currency held outside banks
B) travelers checks
C) demand deposits
D) none of the above
Correct Answer:
Verified
Q64: Legal tender is
A) money that must be
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Q66: Money that has no intrinsic value and
Q67: Which of the following would be counted
Q68: Demand deposits are included in
A) M1.
B) M2.
C)
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Q71: Which of the following is included in
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Q73: To ensure that _ will be accepted,
Q74: M1
A) is the sum of currency plus
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