Home /
Expert Answers /
Economics /
25-in-the-united-states-the-money-supply-narrowly-defined-m1-contains-a-money-created-by-th-pa663
(Solved): 25. In the United-States, the money supply, narrowly defined (M1), contains: a. Money created by th ...
25. In the United-States, the money supply, narrowly defined (M1), contains: a. Money created by the commercial banks. b. Cash, checks, and near money. c. Coins, paper money, all checkable deposits, and gold. d. Coins, currency, demand deposits, and other checkable deposits. e. Currency, checking accounts, savings accounts, and money market mutual funds.