Should the Federal Reserve take the decision to “create its own digital currency,” which of the following measures of money would such a decision have its greatest impact on? a) M1 b) M2 c) M3 d) Short-term deposits

Should the Federal Reserve take the decision to “create its own digital currency,” which of the following measures of money would such a decision have its greatest impact on? a) M1 b) M2 c) M3 d) Short-term deposits

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter13: The Federal Reserve System

Section: Chapter Questions

Problem 5WNG

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Question

Should the Federal Reserve take the decision to “create its own digital currency,” which of the following measures of money would such a decision have its greatest impact on?

a) M1

b) M2

c) M3

d) Short-term deposits

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