Quizzol

QUESTION:

The M1 money supply is composed of _______.

a. currency, demand deposits, and other liquid balances at banks such as savings accounts

b. currency, demand deposits, savings accounts, money market mutual funds, and small-time deposits

c. currency, government bonds, gold certificates, and coins

d. currency, Bitcoins, savings accounts, and government bonds

e. none of the answer choices

ANSWER:

a. currency, demand deposits, and other liquid balances at banks such as savings accounts

Posted by Cleveland on September 9, 2024