Which of the following is not included in M1? Question 8options:

checkable deposits (checking accounts)

savings deposits (savings accounts)

currency and coins in circulation

demand deposits

Required reserves are the amount of

Question 9 options:

reserves a bank must hold against all its assets as mandated bythe Federal Reserve.

reserves a bank must hold against its deposits as mandated bythe Federal Reserve.

cash a bank must hold against its deposits as mandated by theFederal Reserve.

checkable deposits a bank must hold against all other depositsas mandated by the U.S. Treasury.

Fractional reserve banking is a term used to describe a bankingsystem whereby

Question 10 options:

	individual banks share a fraction of the total funds depositedin the whole banking system.
	banks are required to quote interest rates in fractions.
	banks hold reserves equal to a multiple of their depositliabilities; that is, fractional in this case really meansmultiple.
	banks hold reserves equal to only a fraction of their depositliabilities.
	banks are required to maintain a certain fraction of theirdeposits in the form of checkable deposits, a certain fraction oftheir deposits in the form of savings deposits, etc.

Answer rating: 100% (QA)

ANSWER B savings deposits savings accounts It is a deposit account held with a bank to manage your savings expenses and investments A standard transac... View the full answer