Question 14. 14. Which of the following is not a component of the M1 money suppl

Question

Question 14. 14. Which of the following is not a component of the M1 money supply? (Points : 7) travelers checks demand deposits certificates of deposit Question 15. 15. The FDIC was established in 1933 to: (Points : 7) force banks to be more cautious in their lending practices discourage bank runs by insuring deposits in commercial banks guarantee that a minimum rate of interest is psid on every deposit outlaw bank failures increase reserve requirements for commercial banks to 100 percent of deposits.

Explanation / Answer

14.

certificates of deposit is not part of M1. It will be part of M2 money supply. Certificate of deposits are less liquid , so not part of M1.

we do only first question as per chegg guidlines

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