Author Question: Which of the following is included in both M1 and M2? a. traveler's checks b. checkable deposits ... (Read 78 times)

ashley

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Which of the following is included in both M1 and M2?
 a. traveler's checks
 b. checkable deposits
  c. currency
 d. all of the above.

Question 2

Increased demand for U.S. products by foreign residents will lead to a depreciation of the U.S. dollar relative to foreign currencies.
 a. True
  b. False
  Indicate whether the statement is true or false



IAPPLET

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Answer to Question 1

d

Answer to Question 2

False



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