Multiple Choice
Which of the following is not counted in M1?
A) checking account balances
B) credit card balances
C) coins in circulation
D) currency in circulation
E) traveler's check balances
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q213: If the required reserve ratio is 10
Q214: Your checking account balance is included in
Q215: A farm worker gets paid today in
Q216: If a person withdraws $500 from his/her
Q217: When banks gain _,they can _ their
Q219: Suppose a bank has $100 million in
Q220: Bank panics have largely disappeared in the
Q221: In an economy with money,as opposed to
Q222: Commodity money<br>A)has value independent of its use
Q223: The statement,"My iPhone is worth $700" represents