The M1 money supply is composed of
A. currency, demand deposits, traveler’s checks, and other checkable accounts.
B. currency, demand deposits, savings deposits, money market mutual funds, and small time deposits.
C. currency, government bonds, gold certificates, and coins.
D. None of the above is correct.
Answer: A
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A worker's accumulated investment in education, training, experience, and health is called:
a. derived labor demand. b. collective entrepreneurship. c. seniority. d. human capital.
If people move from the category "not in labor force" to the category "employed" then:
a. The unemployment rate falls, and the employment rate rises. b. The unemployment rate stays the same, and the employment rate rises. c. Neither the unemployment rate nor the employment rate changes. d. Labor force participation rate rises, the employment rate rises, and the unemployment rate rises. e. The employment rate and non-institutional population over 16 rise.