Which of the Following Is Not Included in Any of the Measures

question 89

Multiple Choice

Which of the following is not included in any of the measures of the money supply?

• A)Credit union share drafts.
• B)Cash in the vault of a commercial bank.
• C)Currency in circulation outside of commercial banks.
• D)Transactions account balances at mutual savings banks.

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Definitions:

Complement

A good or service that is used together with another good or service, increasing its demand.

Income Increase

A rise in the amount of money received by individuals or entities, typically through earnings, investments, or bonuses.

Normal Good

A good for which demand increases when consumer income rises, and falls when consumer income decreases, all other factors being equal.

Student Income

The amount of money earned or received by students from employment, grants, stipends, or other sources while pursuing their studies.