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jonnyjon jonnyjon
wrote...
Posts: 450
5 years ago

Question 1.

Currency held outside banks is included in



▸ both M1 and M2.

▸ M2 only.

▸ M1 only.

▸ neither M1 nor M2.

Question 2.

Close substitutes for transactions money are known as



▸ fiat monies.

▸ near monies.

▸ commodity monies.

▸ token monies.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 43 times
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Answer verified by a subject expert
sliceofoctopisliceofoctopi
wrote...
Posts: 384
5 years ago
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jonnyjon Author
wrote...
5 years ago
Exactly what I needed for my project, TYSM
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