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Choose the correct statement. A. Money market mutual funds represent 13 percent of Upper M 1....

Choose the correct statement. A. Money market mutual funds represent 13 percent of Upper M 1. B. The deposits of commercial banks represent 62 percent of Upper M 1 and 49 percent of Upper M 2. C. In 2017 about 700 commercial banks operated in the United States. D. Securities are U.S. government bonds and other bonds such as mortgage dash backed securities.

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Ans) the correct option is d) Securities are U.S. government bonds and other bonds such as mortgage dash backed securities.

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