Take the Quiz Again 1 / 1 pts Question 1 Which of the following is not considered part of M2? small time deposits of less than $100,000 money market mutual fund shares
5/8/2019 M14: Quiz: 00A-Spring 2019-Economics Fundamentals CAFE 2/6 savings deposits large time deposits of more than $100,000 1 / 1 pts Question 2 The statement that ABC Co.'s profits totaled $500 million last year represents the use of money as a: medium of exchange. store of value. unit of account. means of coincidence. 1 / 1 pts Question 3 M2 refers to: the most narrowly defined money supply definition. currency held by the public minus checking account balances. the value of the gold held by the government. M1 plus near monies. 1 / 1 pts Question 4
5/8/2019 M14: Quiz: 00A-Spring 2019-Economics Fundamentals CAFE 3/6 The main purpose of the Fed is to: maintain the proper functioning of our money system. regulate interest rates. print Federal Reserve Notes. regulate financial institutions. 1 / 1 pts Question 5 Which of the following compose the M2 money supply? currency only currency, checkable deposits, and traveler's checks M1 plus large denomination time deposits and Eurodollar deposits
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