The money supply consists of:
A) currency plus reserves.
B) currency plus the monetary base.
C) currency plus demand deposits.
D) the monetary base plus demand deposits.
Correct Answer:
Verified
Q31: Money market mutual fund shares are included
Q32: In a system with 100-percent-reserve banking:
A) all
Q33: All of the following assets are included
Q34: Credit card balances are included in:
A) M1
Q35: Bank reserves equal:
A) gold kept in bank
Q37: Assets of banks include:
A) money market mutual
Q38: Liabilities of banks include:
A) reserves.
B) currency in
Q39: Credit cards:
A) are part of the M1
Q40: In a 100-percent-reserve banking system, banks:
A) can
Q41: The currency-deposit ratio is determined by:
A) the
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