Which of the following would be counted as part of M1?

a. Money market deposit accounts
b. Saving deposits
c. Mutual funds
d. Traveler's checks
e. Time deposits

d

Economics

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Define an efficient market

What will be an ideal response?

Economics

What is the difference between the corporate paper rate and the corporate bond rate?

A) The corporate paper rate refers to interest rates paid on high-quality corporate bonds of relatively short duration (up to 6 months). B) The corporate paper rate refers to interest rates paid on high-quality corporate bonds of relatively long duration (typically 20 years). C) The corporate bond rate refers to interest rates paid on long-term (typically 20 year) corporate bonds that may represent varying quality or risk. D) A and B are correct. E) A and C are correct.

Economics