Narrowly Defined, What Is the Primary Composition of the M1

question 91

Multiple Choice

Narrowly defined, what is the primary composition of the M1+ money supply?  

• A) coins and currency 
• B) chequable deposits 
• C) gold and silver 
• D) certificates of deposit

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Definitions:

Interest

A charge for borrowed money, usually a percentage of the borrowed sum.

Extramarital Affairs

Romantic relationships or sexual liaisons that occur outside of marriage and are typically considered infidelity.

Naming Taboo

A prohibition or restriction on using particular names or words, often due to cultural, religious, or social reasons.

Living Language

A language that is still in active use among people as a primary form of communication.