Currency held within banks is part of:
A. both the M1 and M2 definitions of the money supply.
B. the M2 definition of the money supply only.
C. the M1 definition of the money supply only.
D. none of these definitions of the money supply.
D. none of these definitions of the money supply.
You might also like to view...
If Second National Bank has more rate-sensitive assets than rate-sensitive liabilities, it can reduce interest-rate risk with a swap that requires Second National to
A) pay fixed rate while receiving floating rate. B) receive fixed rate while paying floating rate. C) both receive and pay fixed rate. D) both receive and pay floating rate.
Marginal profit is the addition to a firm's total profit from a
a. $1 change in its price. b. one-unit change in its output. c. reduction in total cost. d. reduction in marginal cost.