Question

Your chequing account balance would be counted in which measure of money? Е ОМ1 OM2 It would be counted in both M1 and M2. O
0 0
Add a comment Improve this question Transcribed image text
Answer #1

C) it would be counted in both, chequing account balance (checkable deposit) is a part of M1 and M1 is a part of M2. Therefore, it would be counted in both M1 and M2

Add a comment
Know the answer?
Add Answer to:
Your chequing account balance would be counted in which measure of money? Е ОМ1 OM2 It...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Travelers’ Checks are first counted in this official measure of the money supply. M2 M1 M3...

    Travelers’ Checks are first counted in this official measure of the money supply. M2 M1 M3 M0 A bank currently has $250,000 worth of deposits in their vault. If the Required Reserve Ratio in the economy is 5%, how much money is this bank able to loan to borrowers? $12,500 $200,000 $237,500 $15,000 Assets Liabilities Reserves = $20,000,000 Deposits = $100,000,000 Loans = $80,000,000 If this bank is holding the minimum amount of reserves required by the Federal Reserve (“fully...

  • If you go to the bank and withdrawal $100 from your savings account and put the currency in your pocket

    If you go to the bank and withdrawal $100 from your savings account and put the currency in your pocket, M1 money will stay the same and M2 money will increase Both M1 and M2 money will increase  M1 money will increase and M2 money will stay the same M1 money will decrease and M2 money will stay the same M1 money will stay the same and M2 money will decrease 

  • 1) Which of the following is not a form of commodity money? a) cigarettes b) All...

    1) Which of the following is not a form of commodity money? a) cigarettes b) All of these c) checks d) precious stones 2) Legal tender is a) money that a government has required to be accepted in settlement of debts. b) money that has a value other than as a currency. c) money that must be backed by gold. d) money that must be accepted as payment for goods and services. 3) Sarafina withdraws $450 from her saving account...

  • A savings account would be considered what type of money supply? A. M1 B. M2 C....

    A savings account would be considered what type of money supply? A. M1 B. M2 C. M3

  • 2. Monica transfers $10,000 from her savings account at the Bank of Alaska to her money...

    2. Monica transfers $10,000 from her savings account at the Bank of Alaska to her money market fund. What is the immediate change in M1 and M2? Show your work. Formula Calculation Answer Question 3 0.17 pts 2. When Monica transfers $10,000 from her savings account to her money market account, the immediate change in M1 is: O M1 increases by $10,000. o M1 decreases by $10,000. O M1 only increases by $5,000 O M1 does not change.

  • Say I move $100 from my savings account to my checking account. Which of the following...

    Say I move $100 from my savings account to my checking account. Which of the following is true? O M1 increases while M2 decreases M1 increases while M2 stays the same O M1 and M2 both increase M1 and M2 both decrease Question 17 (12 points) Which of the below was most responsible for the virtual elimination of bank runs in the US? lower discount rates FDIC deposit insurance lower reserve requirements deregulation of the banking sector

  • Please answer all questions. 16) When compared to exchange systems that rely on money, disadvantages of...

    Please answer all questions. 16) When compared to exchange systems that rely on money, disadvantages of the barter system include A) lowering the cost of exchange to those who would specialize. B) encouraging specialization and the division of labor. C) lowering the cost of exchanging goods over time. D) the requirement of a double coincidence of wants. 17) Which of the following is NOT included in the M1 measure of money but is included in the M2 measure of money?...

  • pls do 35-40 35. When moving $500 from your checking account to your savings account this...

    pls do 35-40 35. When moving $500 from your checking account to your savings account this transaction will impact the M1 and M2 money supplies by a. decreasing the M1 by $500. The M2 will be unchanged. b. decreasing the M1 by $500 and increasing the M2 by $500. c. not affecting the M1. But the M2 will increase by $500. d. not affecting the M1 and M2. Both will be unchanged. 36. The funds that banks are required by...

  • money market mutual funds Question 5 (1 point) Which of the following is included in M2 but not in M1? ocurrency o d...

    money market mutual funds Question 5 (1 point) Which of the following is included in M2 but not in M1? ocurrency o demand deposits savings deposits All of the above are included in both M1 and M2 Question 6 (1 point) Asset Amount in $Billions Small time deposits 780

  • Which of the following statements is correct? A. A recession is a long-run alternation between economic...

    Which of the following statements is correct? A. A recession is a long-run alternation between economic upturns and downturns. B. A recession leads to higher employment and income. C. A depression occurs when the economic downturn becomes extremely deep and prolonged. D. An economic expansion is a decrease in the level of economic activity, and of the goods and services available. QUESTION 53 Which of the following statements is not correct? A. Currency in circulation is the largest part of...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT