Answered: Vault cash is included in which of the…

Vault cash is included in which of the following measures of the money supply of the United States? Select one: OA M2 but not M1. OB. M1 but not M2. OC. Both M1 and M2. OD. Neither M1 nor M2.

Principles of Economics, 7th Edition (MindTap Course List)

7th Edition

ISBN:9781285165875

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter29: The Monetary System

Section: Chapter Questions

Problem 1QCMC

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Question

Vault cash is included in which of the following measures of the money supply of the United States?
Select one:
OA. M2 but not M1.
OB. M1 but not M2.
OC. Both M1 and M2.
OD. Neither M1 nor M2.

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