Answer to Question #131294 in Macroeconomics for Joy

Question #131294

A) Which of the following is INCORRECT

1. M1 consist of coins, notes and demand deposits only;
2. M3 includes short term deposits ;
3. M3 includes long-term deposits ;
4. M3= M1 + M2+ long term deposits.

Expert's answer

2. M3 includes short term deposits

Learn more about our help with Assignments: Macroeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Describe three ways in which government spending can be financed.
2. Many economists argue that the South African government should implement a policy of privatisation.
3. Explain in detail, with the aid of a graph, the two components of the demand for money. Identify th
4. In the circular flow of income and spending: (a) Investment results in a decrease in the volume o
5. In the Circular Flow of Income: a) investment results in a decrease in the volume of the income fl
6. Choose the correct answer The function of the South African Reserve Bank as bank supervisor entails
7. During this COVID-19 pandemic, the South African reserve bank(SARB) plays a crucial role in maintain

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…