Author Question: Identify a true statement about types of money supply. A) The M1 money supply includes market ... (Read 119 times)

casperchen82 · **on:** Jul 14, 2018

Identify a true statement about types of money supply.
A) The M1 money supply includes market accounts and certificates of deposit.
B) The M1 money supply includes all currency plus checking accounts and traveler's checks.
C) The M2 money supply excludes all of M1 supply except certificates of deposit, which last typically less than one year.
D) The M2 money supply excludes paper bills and metal coins.

Question 2

China is selling school supplies in the United States for very low prices, even lower than the prevailing prices in China, and thus making it extremely difficult for American manufacturers to compete. This is referred to as
A) exporting.
B) importing.
C) an embargo.
D) dropping.
E) dumping.