Multiple Choice
Identify a true statement about types of money supply.
A) The M1 money supply includes market accounts and certificates of deposit.
B) The M1 money supply includes all currency plus checking accounts and traveler's checks.
C) The M2 money supply excludes all of M1 supply except certificates of deposit, which last typically less than one year.
D) The M2 money supply excludes paper bills and metal coins.
Correct Answer:
Verified
Correct Answer:
Verified
Q14: In the context of fiscal strategies, most
Q15: An economy is one that includes a
Q16: Which of the following tools does the
Q17: Identify the tool that the Fed most
Q18: The discount rate is the interest rate
Q20: Macroeconomics is primarily engaged in the study
Q21: In most nations, the unemployment rate includes
Q22: When tax revenue is higher than government
Q23: Anne is a manager at a store
Q24: When the Fed reduces the discount rate,