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5. Money supply Mi includes a. Currency and coin b. Short term deposits c. Checkable deposits d. a &c. e. All of the above 6.

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5. Money supply Mi includes a. Currency and coin b. Short term deposits c. Checkable deposits d. a &c. e. All of the above 6. The narrowest supply of money is (why am I even asking this question)? a. M1 b. M2 C. M3 7. What is required reserve in the banking system and why is it important (give 1 or 2 reasons)? 8. What is excess reserve

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