Which of the following is not a part of M1?
a. Cash in the hands of the public.
b. Demand deposits.
c. Traveler's checks.
d. Money market mutual fund (MMMF) balances.
e. Corporate stocks.
D
Economics
You might also like to view...
Frictional unemployment is to ________ as structural unemployment is to ________
A) search; mismatch B) temperature; rigidity C) job training; output gap D) all of the above E) none of the above
Economics
Which of the following statements is true of a monopolist?
a. It can raise price without losing sales, since there are no competitors. b. At a given price, it can sell all of the output that it can produce. c. It is able to choose a price & output combination to the right of its demand schedule. d. At a given price it can sell only one particular output level.
Economics