The Components of the U

question 83

Multiple Choice

The components of the U.S.M1 money supply are demand and checkable deposits plus

• A) currency.
• B) currency plus savings deposits.
• C) currency plus travelers checks.
• D) currency plus travelers checks plus money market deposits.

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Definitions:

0.7 < Z < 1.98

Specifies a range within the standard normal distribution, indicating values between Z = 0.7 and Z = 1.98.

-1.10 < Z < -0.36

Indicates a range between two Z-scores on a standard normal distribution, capturing data points within this specific interval.

Highest 9%

Describes the uppermost value or percentage, in a different context perhaps suggesting an inversion or error, actually implicating a lower percentile.

Middle 96%

Refers to the central portion of a distribution or set of data points that encompasses 96% of all values, leaving 2% of the values on each tail end.