Currency held in the vault of First National Bank is:_____
A. counted as part of M1.
B. counted as part of M2, but not M1.
C. only counted as part of M1 if it was deposited into a checking account.
D. not counted as part of the money supply.

Question

25-06-2024
Business

Answered

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Currency held in the vault of First National Bank is:_____
A. counted as part of M1.
B. counted as part of M2, but not M1.
C. only counted as part of M1 if it was deposited into a checking account.
D. not counted as part of the money supply.

Sagot :

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