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

Philip has $2,000 and spends $23.75 on supplies. He divides the remaining amount equally among his 8 employees. How much does each employee receive?
what is44mi/h converted to yd/min
what is the linking verb in the sentence? my aunt seems comfortable as the leader of the dance. a. comfortable b. seems c. aunt d. dance
Given an integer how do you find its opposite?
if a housing boom occurs in the united states the demand for carpenters will likely ?
three hundred and four millon nine hundred and sixty seven thousand
jasmine wants to eat at 8:00 pm. her meal takes 65 minutes to cook. what time does she need to put the meal in the oven?
can someone please help me with this and please show your work
What's the solution?
which is more elastic between air and water