James purchases a $20,000 6-month certificate of deposit. Is this counted in M1 only, M2 only, M1 and M2, or neither? OA. Neither M1 nor M2. OB. M1 and M2. OC. M2 only. OD. M1 only.
James purchases a $20,000 6-month certificate of deposit. Is this counted in M1 only, M2 only, M1 and M2, or neither? OA. Neither M1 nor M2. OB. M1 and M2. OC. M2 only. OD. M1 only.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter14: Money And Banking
Section14.3: Types Of Money In The United States
Problem 4R
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