If the Federal Reserve decide to “create its own digital currency,” which of the following measures of money would such a decision have its greatest impact on? a) M1 b) M2 c) M3 d) Short-term deposit
If the Federal Reserve decide to “create its own digital currency,” which of the following measures of money would such a decision have its greatest impact on? a) M1 b) M2 c) M3 d) Short-term deposit
Chapter18: Money And The Federal Reserve System
Section: Chapter Questions
Problem 9SQ
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If the Federal Reserve decide to “create its own digital currency,” which of the following measures of money would such a decision have its greatest impact on?
a) M1
b) M2
c) M3
d) Short-term deposits
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