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13.2 Measuring money: currency, m1, and m2  (Page 6/18)

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  • Card 6 / 18:
    For the following list of items, indicate if they are in M1, M2, or neither:

    Your $5,000 line of credit on your Bank of America card$50 dollars’ worth of traveler’s checks you have not used yet$1 in quarters in your pocket$1200 in your checking account$2000 you have in a money market account

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Source:  OpenStax, Principles of macroeconomics for ap® courses. OpenStax CNX. Aug 24, 2015 Download for free at http://legacy.cnx.org/content/col11864/1.2
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