Log in
Economics
1
answer
0
watching
79
views

The M1 definition of the money supply includes:

A. currency

B. demand deposits and other checkable deposits at depository institutions

C. traveler's checks

D. all of the above 

Watch
1
answer
0
watching
79
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Sonal Bahl
Sonal BahlLv10
28 Dec 2020

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share

Related textbook solutions

Principles of Economics
2nd Edition, 2017
Openstax
ISBN: 9781947172364
Principles of Macroeconomics
2 Edition,
Openstax
ISBN: 9781947172388
Principles of Microeconomics
2 Edition,
Openstax
ISBN: 9781947172340

Related questions

What is the difference between M1 and M2 measures of money supply?

A. M1 includes currency, coins, gold and silver. M2 does not include gold and silver.

B. M1 includes currency, checkable deposits. M2 includes currency, checkable deposits, savings deposits and time deposits

C. M1 includes checkable deposits. M2 includes currency.

D. M1 includes currency. M2 includes checkable deposits.

The M1 definition of the money supply includes currency,

a. checkable deposits, and debit cards.
b. checkable deposits, and savings accounts.
c. and checkable deposits.
d. checkable deposits, and credit cards.

Which one of the following is part of the M2 definition of the money supply, but not part of M1?

A. Currency in circulation

B. Checkable deposits

C. Loans given by non banking financial institutions

D. Small savings and time deposits.

Weekly leaderboard

Home
Homework Help 3,900,000
Economics 400,000
Start filling in the gaps now
Log in