Solved

Giedre Is Going on Vacation Next Week and Runs to Her

Question 32

Multiple Choice

Giedre is going on vacation next week and runs to her bank to pick up traveler's checks to use while she is away. These checks arebest described as an example of which part of the money supply?


A) M1
B) commercial paper
C) demand deposit
D) M2
E) time deposit

Correct Answer:

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