Which of the following is part of M1, M2 or not part of the money supply? 1. Credit cards 2. Noncheckable savings deposits 3. Currency (coins and paper money) 4. Small (under $100,000) time deposits 5. Stock certificates 6. Checkable deposits 7. Money under mattress 8. Money market mutual fund balances held by individuals 9. Travelers checks 10. Bonds 11. Money market mutual fund balances held by businesses 12. Large ($100,000 and over) time deposits 13. Money market deposit accounts 14. Debit cards
Which of the following is part of M1, M2 or not part of the money supply? 1. Credit cards 2. Noncheckable savings deposits 3. Currency (coins and paper money) 4. Small (under $100,000) time deposits 5. Stock certificates 6. Checkable deposits 7. Money under mattress 8. Money market mutual fund balances held by individuals 9. Travelers checks 10. Bonds 11. Money market mutual fund balances held by businesses 12. Large ($100,000 and over) time deposits 13. Money market deposit accounts 14. Debit cards
Chapter12: Money, Banking And The Financial System
Section: Chapter Questions
Problem 5WNG
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Which of the following is part of M1, M2 or not part of the money supply?
1. Credit cards
2. Noncheckable savings deposits
3. Currency (coins and paper money)
4. Small (under $100,000) time deposits
5. Stock certificates
6. Checkable deposits
7. Money under mattress
8.
9. Travelers checks
10. Bonds
11. Money market mutual fund balances held by businesses
12. Large ($100,000 and over) time deposits
13. Money market deposit accounts
14. Debit cards
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