What are checkable deposits?
Savings accounts
Checking accounts.
Government bonds
Currency
Correct Option: Checking accounts
It is because the deposits in the checkable deposits can be withdrawn by the depositors any time on demand.
What are checkable deposits? Savings accounts Checking accounts. Government bonds Currency
Checkable deposits are also called: Group of answer choices checking accounts. high-powered money. savings balances. Federal Reserve Notes.
Ml equals currency + demand deposits + A)nothing else B)othere checkable deposits. C)traveler's checks + other checkable deposits. D)traveler's checks + other checkable deposits -+ savings deposits 2. If you deposit $100 of currency into a demand deposit at a bank, this action by itself A)does not change the money supply. B)increases the money supply. C)decreases the money supply. D)has an indeterminate effect on the money supply. 3. The manager of the bank where you work tells you that your...
Answer the following questions: a) If a bank depositor deposits $1,000 of currency to his checking account, what happens to reserves, checkable deposits, and the monetary base? b) If the Fed buys bonds worth $2 million from the First National Bank, what happens to reserves and the monetary base? Use T-accounts to explain your answer c) If the Fed sells $2 million of bonds to Irving the Investor, who pays for the bonds with a check, what happens to reserves...
B111Ions of Item Dollars $2,000 350 80 Checkable Deposits Small TIme Deposits Currency Held By The Public Savings Deposits, Including Money-Market Deposit Accounts 1,300 600 700 Money-Market Mutual Funds Held By Individuals Noney-Market Mutual Funds Held By Businesses The accompanying table contains hypothetical data for an economy. The size of the M2 money supply is $3,730 $3,980 $4,330. $4,470
Checking accounts and deposits are as good as/substitutable for actual cash or currency. What role does this fact play in the money creation process that is inherent to fractional reserve banking?
Suppose that there is $80,000 in checking accounts, $200,000 in bonds, $100,000 in savings accounts, $300,000 in cash and coins, $25,000 in traveler's checks, $50,000 in certificates of deposits, $400,000 in the stock market, and $15,000 in money market mutual funds. Solve for M1.
QUESTION 46 Time deposits Demand deposits and other checkable deposits Savings deposits Money market mutual funds Traveler's checks $600 billion $400 billion $800 billion $700 billion $30 billion Currency $250 billion Other categories in M2 $20 billion Given the information above, what are the values of M1 and M2? . M1 = $650 billion, M2 - $2,830 billion b.M1 - 5400 billion, M2 = $3,080 billion. CM1 = $680 billion, M2-S2,800 billion d. Mi - 5680 billion, M2 = $3,200...
QUESTION 3 checkable deposits by $100, and Joseph deposited a $100 in his checking account This e Ebdecreases increases increases ●C decreases, decreases currency by $100 a increases, increases, increases o d decreases, increases, M1 e decreases, increases M1 by 3100 M1 by $100 decreases M1 by $100 is unchangerd decreases M1 by $100
Question 20 Which of the following does MI+ include? foreign currency accounts currency savings deposits travellers' cheques
Required reserve ratio is 0,2, there are 217B currency in circulation, 667B checkable deposits, and 4,6B of excess reserves. What is money multiplier? ” in circulation, 6678 chockablo deposits