M1 is comprised of currency held outside banks + traveler's checks + __________
A) credit cards
B) savings deposits
C) gold
D) checkable deposits
E) money market mutual funds
D
Economics
You might also like to view...
Suppose the total monetary value of all final goods and services produced in a particular country during one year is $500 billion, and the total monetary value of final goods and services sold is $450 billion. We can conclude that ________.
A. real GDP in 2010 is $450 billion B. inventories in 2010 fell by $50 billion C. nominal GDP in 2010 is $450 billion D. nominal GDP in 2010 is $500 billion
Economics
A decrease in the target for the federal funds rate would be an example of
A. expansionary fiscal policy. B. contractionary fiscal policy. C. expansionary monetary policy. D. contractionary monetary policy.
Economics