Author Question: Which of the following is NOT included using the transactions approach to measuring the money supply ... (Read 77 times)

ss2343

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Which of the following is NOT included using the transactions approach to measuring the money supply (M1)?
 
  A) certificates of deposit B) traveler's checks
  C) currency D) transaction deposits

Question 2

Suppose Bank A holds 50,000 in deposits with other banks. In the balance sheet, this amount will be accounted as Bank A's:
 
  A) cash equivalents. B) short-term borrowing.
  C) long-term investments. D) reserves.



joechoochoy

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Answer to Question 1

A

Answer to Question 2

A



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