M2 does not include ____
A: currency.
B: long-term government bonds.
C: traveler’s checks.
D: demand deposits.
A: currency.
B: long-term government bonds.
C: traveler’s checks.
D: demand deposits.
举一反三
- In the balance sheet of the People's Bank of China, the reserve currency includes (). A: currency issue B: deposits of other deposit companies C: government deposits D: central bank bonds E: business or household deposits
- Traveler’s checks are negotiable instruments. ( )
- If interest rates are expected to rise in the future, the demand for long-term bonds _____ and the demand curve shifts to the _____.
- He wanted to know（ ）in cash or with traveler′s checks.
- A bond that makes payments in a certain currency contains the risk of holding that currency and so is priced according to the yields of similar bonds in that currency.（ ）