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Which of the following is part of the M1 money stock?

a. large-denomination certificates of deposits

b. credit card account balances

c. checkable deposits

d. passbook savings account balances

e. both c and d

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Joshua Stredder
Joshua StredderLv10
28 Sep 2019

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Related questions

The basic money supply (M1) in the United States consists primarily of:
a) Currency and checkable deposits.
b) Currency and government bonds.
c) Currency, checkable deposits, and government bonds.
d) Currency, checkable deposits, and credit card accounts.
Ā 
The largest component of the money supply (M1) is:
A) gold certificates.
B) checkable deposits.
C) paper money in circulation.
D) coins

What is the difference between M1 and M2 measures of money supply?

A. M1 includes currency, coins, gold and silver. M2 does not include gold and silver.

B. M1 includes currency, checkable deposits. M2 includes currency, checkable deposits, savings deposits and time deposits

C. M1 includes checkable deposits. M2 includes currency.

D. M1 includes currency. M2 includes checkable deposits.

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