M1 does not include cash that is held in ATMs or bank vaults, because

M1 does not include cash that is held in ATMs or bank vaults, because ________.

A) no one really owns that money
B) that money is included in M2
C) that money earns no interest
D) the right to access that money is counted already as bank deposits
E) none of the above

 

ANSWER

D

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00