economic

posted by .

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.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Economics

    From reading a paragraph, I gathered following facts. Bills and coins outside the bank: 175 Checkable deposits 418 savings and time deposits 1782 currency inside bank 28 central bank deposit 186. so.. the banks reserve is 186+28=214 …
  2. Econ

    The economy contains 2000 $1 bills. a) If people hold all money as currency, what is the quantity of money?
  3. Macroeconomics

    Show the changes to the T-accounts for the Federal Reserve and for commercial banks when the Federal Reserve buys $50 million in U.S. Treasury bills. If the public holds a fixed amount of currency (so that all loans create an equal …
  4. Macroeconomics

    A bank has issued 4 billion in transactions deposits and 2 billion in time deposits and other nontransactions deposits. Its other liabilities and net worth equal 1 billion. The bank has 100 million in total reserves. The only reserve …
  5. macroeconomics

    Not really lookign for the answers btu moer of the fomrula or how to find the answers if ok. thank you The table below shows the United States components of M1 and M2 in billions of dollars for the month of December in the years 1998 …
  6. Principal of Finance

    The following information is available to you: travelers' checks = $1 million; coin and paper currency = $30 million; repurchase agree¬ ments and Eurodollars = $15 million; demand deposits = $25 million; retail money market mutual …
  7. Principles of Finance

    Determine the size of the M1 money supply using the following information. Currency $700 billion Money market mutual funds $2,000 billion Demand deposits $300 billion Other checkable deposits $300 billion Traveler’s checks $10 billion
  8. Finance 100

    The following information is available to you: travelers' checks = $1 million; coin and paper currency = $30 million; repurchase agreements and Eurodollars = $15 million; demand deposits = $25 million; retail money market mutual funds …
  9. strayer university

    P5. The following information is available to you: travelers’ checks _ $1 million; coin and paper currency _ $30 million; repurchase agreements and Eurodollars _ $15 million; demand deposits _$25 million; retail money market mutual …
  10. FIN 100

    P5: The following information is available to you: travelers’ checks = $1 million; coin and paper currency = $30 million; repurchase agreements and Eurodollars = $15 million; demand deposits = $25 million; retail money market mutual …

More Similar Questions