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    kx2b's Avatar
    kx2b Posts: 1, Reputation: 1
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    #1

    Mar 28, 2012, 06:06 PM
    Ask economic questions
    M1 equals currency plus demand deposits plus

    a) nothing else.

    b）other checkable deposits.

    c)traveler's checks plus other checkable deposits.

    d)traveler's checks plus other checkable deposits plus savings deposits.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
    		  
    #2

    Mar 28, 2012, 10:15 PM
    I have a question for you; how long is a piece of string? Without a context any of the alternatives might be true.
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