The M1 money supply is composed of:
A. checkable deposits and currency.
B. savings deposits and time deposits.
C. money market mutual funds held by businesses.
D. money market mutual funds held by individuals.
Answer: A
Economics
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To economists, scarcity means that
A) the number of people without jobs rises when economic times are bad. B) unlimited wants cannot be satisfied by the limited resources. C) limited wants cannot be satisfied by the unlimited resources. D) there can never be answers to the what, how or for whom questions. E) a person looking for work is not able to find work.
Economics
Explain using welfare measures whether consumers prefer a single price monopoly or a perfect-price-discriminating monopoly
What will be an ideal response?
Economics