M1 money includes all the following except

a. traveler's checks
b. demand deposits
c. savings accounts
d. paper money
e. coins

C

Economics

You might also like to view...

The rules for joining the Eurozone specified monetary economic conditions that the potential entrants had to achieve for admission. The convergence criteria of the ECB were:

A) moderate inflation, low unemployment, and adequate foreign currency reserves. B) no national debt and no current account deficits within the past five years. C) inflation rates roughly matching the lowest in the Eurozone, stable exchange rate peg for two years, and equivalent long-term interest rates. D) a stable political situation, high GDP growth rate, and moderate unemployment

Economics

The long-run equilibrium of a monopolistically competitive firm is characterized by

A) a tangency of the average total cost curve with the firm's demand curve. B) price equal to marginal cost. C) production at the minimum point of the firm's average total cost curve. D) production at the minimum point of the firm's average variable cost curve.

Economics