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Money and Its Functions · Question 45 of 57

Question 45

MediumOriginal question

Read the two statements and choose the correct option.

I. Money supply is a stock concept.

II. Time deposits are part of M1.

Options for question 45

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. Money supply is measured on a date, so it is a stock. I is true.

  2. Time deposits enter at M3, not M1. II is false.

Concept
Money supply facts
Typical time
70 s
Your time
—
The rule this testsThe supply of money: M1 to M4
Practise this chapter →

Ten questions from Money and Its Functions, at your own pace.

Practise this chapter →

Ten questions from Money and Its Functions, at your own pace.