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Money and Interest Rates Quiz (Money, Checks, Account)

Fiat money is:

Which of these is not a function of money in an economy?

Which of the following is not part of M1?

The Fed's measurements of monetary aggregates

If Mary moves $100 from her savings account to her checking account, then:

Which of the following is not part of M2?

Inefficiencies that are created when using checks as money include:

The liquidity of an asset is:

For a commodity to function effectively as money, it must

Money supply data is generated by: