Use the following list to answer the question about the money supply.
Items
1. Money market mutual funds held by individuals
2. Savings deposits, including money market deposit accounts
3. Money market mutual funds held by businesses
4. Currency held by the public
5. Small time deposits
6. Checkable deposits
Refer to the list above. The M1 money supply is composed of items:
A. 5 and 6
B. 4 and 6
C. 6 and 7
D. 1 and 4
B. 4 and 6
Economics
You might also like to view...
People participate in international trade basically because:
A) they are better off by doing so. B) they must. C) it makes other countries better off. D) they prefer to share their income with people in other countries.
Economics
Suppose the long-run cost function is C = 2q2. What is the cost-output elasticity for this case?
A) 1 B) 2 C) 1/2 D) 4
Economics