Multiple Choice
Demand deposits are a type of
A) checking account.
B) time deposit.
C) money market mutual fund.
D) savings deposit.
Correct Answer:
Verified
Correct Answer:
Verified
Q6: Jim transfers money from his money market
Q7: M1 includes<br>A)currency.<br>B)demand deposits.<br>C)traveler's checks.<br>D)All of the above
Q8: Which of the following is included in
Q9: Credit cards<br>A)represent the largest component of M1.<br>B)are
Q10: Given the following information,what are the <img
Q12: Given the following information,what are the <img
Q13: John and Jane decide to go on
Q14: Economists equate money with<br>A)individual wealth.<br>B)income regularly earned.<br>C)assets
Q15: Which of the following defer payments?<br>A)credit cards
Q16: Paper money<br>A)has a high intrinsic value.<br>B)is the