Multiple Choice
Which of the following appears in M2 and NOT M1?
A) currency
B) checking account balances
C) money market mutual funds
D) traveler's checks
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q53: Money market mutual funds are hard to
Q54: A bank's reserves<br>A) are the sum of
Q55: Suppose a bank has $1 million in
Q56: Economists use different definitions of money because<br>A)
Q57: If the reserve ratio is designated by
Q59: Given the following information about Gotham Bank:<br>Bank
Q60: Recall the Application about the Fed increasing
Q61: Assuming all excess reserves are loaned out,
Q62: Economists use M2 to measure the amount
Q278: Along with currency not in banks and