The "Junkers" Were a Group of Enserfed Peasants in Prussia

question 54

True/False

The "Junkers" were a group of enserfed peasants in Prussia.

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Definitions:

M1

A category within the money supply that includes physical currency and coin, demand deposits, traveler's checks, and other checkable deposits.

Savings Deposits

Accounts held at financial institutions that earn interest while providing funds liquidity with few, if any, restrictions on withdrawals.

Demand Deposits

Bank accounts from which money can be withdrawn at any time without any advance notice.

M1

A category of the money supply that includes all physical money like coins and currency, as well as demand deposits, and other liquid assets quickly convertible to cash.