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Q: true or false ? M-3 is money that people can gain access to quickly and easily to pay for goods and services.
A: False. M-1 is money that can be accessed quickly. M-3 is M-2 plus big deposits like institutional money market funds.
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User: true or false ? M-3 is money that people can gain access to quickly and easily to pay for goods and services.

Weegy: False. M-1 is money that can be accessed quickly. M-3 is M-2 plus big deposits like institutional money market funds.
debnjerry|Points 52489|

User: Which of the following is NOT an example of a liquid asset? a. cash c. a certificate of deposit b. travelers’ checks d. a checking account

User: Which of the following happens when you use your debit card at a machine designed to read it? a. Your card sends a message to your bank to transfer money from your checking account directly into the store’s bank account. b. Your bank receives notice that funds need to be withdrawn from your checking or savings account at the end of the business day. c. Your bank immediately pays the funds required to the store and then invoices you for the amount on your next bank statement. d. Your bank confirms that money is available in your account and then adds this amount to an electronic transfer of funds that it wires to the store each week.

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Asked 11/12/2013 10:47:41 PM
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