The money aggregate M1 consists of
A) currency and savings accounts.
B) currency and checking deposits, including traveler's checks.
C) only checking deposits and time deposits.
D) checking accounts, savings accounts and Treasury bills.
B
Economics
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Of the following, which is NOT a monetary policy rule the Fed could follow?
A) an unemployment rate targeting rule B) an inflation targeting rule C) a money targeting rule D) a k-percent rule E) a nominal GDP targeting rule
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Which of the following would cause the current account to decrease?
A) an increase in the nominal exchange rate, E B) an appreciation of the home currency C) an increase in disposable income D) an increase in foreign prices, P E) a decrease in domestic prices, P
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