Answer:
M1
Explanation:
In economics, the term M1 refers to very liquid money supply (money that is easy to get to) that includes the following:
- physical currency (coins and paper money)
- demand deposits,
- traveler's checks,
- other checkable deposits.
On the other, hand, M2 is less liquid money supply and it includes M1 plus:
- savings and time deposits,
- certificates of deposits,
- money market funds.
In general terms, the main difference between these two is how easy is to get access to them, M1 is more accessible (more liquid) than M2.
The question asks us about the <u>money supply that includes coins, paper money, traveler's checks, conventional checking accounts and checkable deposits. </u>We can see that all these refers to the most easily accessed money supply and thus <u>this is the definition of M1</u>
So every government can have a set of rules in their area without having conflict.
Answer:
Congress
Legislative - Makes Laws
Congress is composed of two parts: the Senate and the House of Representatives.
Explanation:
In the medieval times, AKA the feudal system trade was very high because it was needed to get goods the kingdoms were more like places you were forced to live and without trade, you would never get food or clothes. You made less than a penny a day this could pay for a loaf of bread at the end of the week you got one pair of shoes a year and 2 pairs of clothes. When the trade went up it eventually ratified the need for all the work in the kingdoms.
