Look carefully at the following list. a. The coins in your pocket. b. The funds in your checking account. c. The funds in your s

Question

3 years ago

12

Look carefully at the following list. a. The coins in your pocket. b. The funds in your checking account. c. The funds in your s

avings account. d. The traveler's check that you have left over from a trip. e. Your Citibank Platinum MasterCard. Which of the things above are NOT included in the M1LOADING... definition of the money supply?

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1 answer:

jenyasd209 [6] · Answer 1 · 2022-05-18T12:36:55+03:00

jenyasd209 [6]3 years ago

4 0

Answer:

C and E.

Explanation:

Money supply: Amount of money currently circulating within a system.

Your saving accounts funds are at hold, not circulating, and same goes for the MasterCard the money won't start circulating till it's used.