Question
1)If the transactions approach to measuring money is used, then the money supply consists of
a. transaction deposits only.
b. currency, checkable and debitable deposits, and traveler's checks.
c. currency and transaction deposits only.
d. currency only.
2)Transaction deposits
a. are deposits in a thrift institution or a commercial bank on which a check may be written.
b. include savings accounts.
c. are accounts that pay interest to the depositor.
d. are only deposits that you can check on through the Internet.
a. transaction deposits only.
b. currency, checkable and debitable deposits, and traveler's checks.
c. currency and transaction deposits only.
d. currency only.
2)Transaction deposits
a. are deposits in a thrift institution or a commercial bank on which a check may be written.
b. include savings accounts.
c. are accounts that pay interest to the depositor.
d. are only deposits that you can check on through the Internet.
Answers
is 1 b
2 b
2 b
is it because i want to make sure if its right???
Related Questions
The Money Multiplier (MM) is exemplified.
Why do you think the FED evaluates the money multiplier...
Suppose all banks maintain a 100 percent reserve ratio. If an individual deposits $1,000 of currency...
The velocity of money is
a. the same thing as the long-term growth rate of the money supply.
b...
Which of the following best describes monetary policy?
Responses
managing the economy by contr...