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May 24, 2015

Homework Help: economic

Posted by henry on Friday, June 18, 2010 at 2:04pm.

1)If the transactions approach to measuring money is used, then the money supply consists of

a. transaction deposits only.
b. currency, checkable and debitable deposits, and traveler's checks.
c. currency and transaction deposits only.
d. currency only.

2)Transaction deposits

a. are deposits in a thrift institution or a commercial bank on which a check may be written.
b. include savings accounts.
c. are accounts that pay interest to the depositor.
d. are only deposits that you can check on through the Internet.

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