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Author Question: Which of the following is NOT a component of M1? A) savings deposits B) currency C) demand ... (Read 70 times)

asmith134

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Which of the following is NOT a component of M1?
 
  A) savings deposits
  B) currency
  C) demand deposits
  D) traveler's checks
  E) Both answers C and D are correct.

Question 2

The Fed can change the money supply by buying or selling long-term Treasury bonds. Purchasing long-term securities is commonly called
 
  A) open market operations. B) quantitative easing.
  C) discount operations. D) federal funds speculation.



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succesfull

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Answer to Question 1

A

Answer to Question 2

B




asmith134

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


sultana.d

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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