2. Which two of the following financial institutions offer checkable deposits included within the M1 money supply:
Question:
2. Which two of the following financial institutions offer checkable deposits included within the M1 money supply: mutual fund companies; insurance companies;
commercial banks; securities firms; thrift institutions?
Which of the following is not included in either M1 or M2: currency held by the public; checkable deposits;
money market mutual fund balances; small-denominated
(less than $100,000) time deposits; currency held by banks; savings deposits? LO1
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Related Book For 
Essentials Of Economics
ISBN: 9780077502140
3rd Edition
Authors: Stanley Brue, Campbell McConnell, Sean Flynn
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