Refer to the Given List of Assets

question 110

Multiple Choice

Refer to the given list of assets. 1. Large-denominated ($100,000 and over) time deposits
2) Savings deposits
3) Currency (coins and paper money) in circulation
4) Small-denominated (under $100,000) time deposits
5) Stock certificates
6) Checkable deposits
7) Money market deposit accounts
8) Money market mutual fund balances held by individuals
9) Money market mutual fund balances held by businesses
10) Currency held in bank vaults
The M2 definition of money includes

• A) items 2, 3, 4, 6, 7, 8, and 10.
• B) items 3, 4, 5, and 6.
• C) items 2, 3, 4, 6, 7, and 8.
• D) all of the items listed.

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Definitions:

Quantity Supplied

The inventory of products or services that is put up for sale by producers at a specified rate.

Price

The amount of money required to purchase a good or service in the market.

Supply Curve

The supply curve is a graphical representation showing the relationship between the price of a good or service and the quantity of that good or service that a supplier is willing and able to supply.

Nonprice Determinants

Factors that affect demand or supply but are not related to the price of the good or service, such as consumer preferences or production technology.