hunterblake200 hunterblake200
  • 01-04-2019
  • Business
contestada

What types of money are included in the M2 category? Check all that apply.


Where do banks get money to lend to borrowers?

Respuesta :

MsTeel
MsTeel MsTeel
  • 01-04-2019

M2 is a calculation of money supply that includes all elements of M1 (cash, checking deposits, etc) plus "near money" which includes mutual funds, savings deposits, money market securities, etc.

Banks get money to lend through other people's deposits (minus the required reserve ration) and from interest income from other loans they make.

Answer Link

Otras preguntas

You have one-fourth of the marbles in Pat's bag. Add to the picture to show all the marbles in Pat's bag. (They show three marbles)
Which is a point mutation?
what is 0.57 divided by 30 with an explanation
What happens if the use of groundwater exceeds the rate of replenishment? a. the depth of the water table increases b. the water table is more likely to be poll
Great Britain required more taxation from the colonies because of which event
1/3 ÷ 2 = ? please help me!
(1. The sale price was $24 was 60 percent of the regular price. What was the regular price? (2. Thirty is what percent of 20?
what is −357137 written as a as a mixed number in simplest form.
what is a good easy science project
why is the dead SEA drying up