Multiple Choice
All of the following are part of M2 except one.Which is the exception?
A) money market deposit accounts
B) coins
C) travelers checks
D) large denomination time deposits
E) savings deposits
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q22: The federal funds rate is the interest
Q209: Suppose that a bank has $8,000 in
Q210: The Federal Reserve's narrowest definition of money
Q212: M1,the money supply narrowly defined,consists of coins,paper
Q213: Which of the following are included in
Q215: Through changes in the discount rate,the Federal
Q216: Suppose that the required reserve ratio is
Q217: The largest component of M1 is<br>A)currency<br>B)checkable deposits<br>C)traveler's
Q218: Banks borrow excess reserves from each other
Q219: If you know the required reserve ratio