Multiple Choice
Which statement is correct?
A) M2 measures assets primarily used as a medium of exchange.
B) M2 includes M1.
C) M1 includes assets primarily used as a means of savings.
D) The Federal Reserve discontinued reporting on M1 and M2 because they provide little insight into the state of the economy.
Correct Answer:
Verified
Correct Answer:
Verified
Q18: When economists speak of "the money supply,"
Q19: The functions of money include a<br>A) medium
Q20: Which of these is likely to lead
Q21: Explain why households supply loanable funds to
Q22: Near money includes<br>A) some of M2 and
Q24: Which of these is considered near money?<br>A)
Q25: Insurance companies are examples of financial intermediaries
Q26: If market interest rates increase to 9%
Q27: The supply curve for loanable funds is<br>A)
Q28: Corporate bonds generally have a _ return