Multiple Choice
Which of the following is not part of M1 and part of M3?
A) Travellers cheques.
B) Term deposits.
C) Currency.
D) High- powered money.
E) Current account deposits.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q41: Which of the following would serve to
Q42: Suppose individuals decide to reduce their holdings
Q43: Which of the following is not a
Q44: In the medium run, an increase in
Q45: The existence of inflation does which of
Q47: The existence of inflation does which of
Q48: M1 consists of:<br>A) currency plus term deposits
Q49: The Taylor rule (where a and b
Q50: When the RBA wants to signal the
Q51: M3 is approximately equal to which of