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Personal Finance Quiz

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Personal Finance Quiz
Question 1 .0.5 out of 0.5 points Since M-2 excludes time deposits, M-2 is a less comprehensive measure of the money supply than M-1.
Selected Answer: Correct2. False
Answers: 1. True Correct2. False . Question 2 .0 out of 0.5 points When individuals withdraw cash from checking accounts, the money supply is unaffected.
Selected Answer: Incorrect1. False
Answers: 1. False Correct2. True . Question 3 .0.5 out of 0.5 points Only paper can perform the function of money.
Selected Answer: Correct2. False
Answers: 1. True Correct2. False . Question 4 .0.5 out of 0.5 points Stocks and bonds are an alternative to money as a store of value.
Selected Answer: Correct1. True
Answers:
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