What are the four components of M1?
What will be an ideal response?
currency held by the public; demand deposits; other checkable deposits; traveler's checks
Economics
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What is meant by predatory dumping? How likely is it for this to occur in the United States? Discuss
What will be an ideal response?
Economics
Both ________ and ________ are Federal Reserve assets
A) currency in circulation; reserves B) currency in circulation; securities C) securities; loans to financial institutions D) securities; reserves
Economics