A:

A. Dollar-denominated deposits outside the U.S.

B.
Cash in circulation



C. Money in checking accounts



D. Money in savings accounts



Correct Answer: A

This is an M3 element.



RELATED FAQS

  1. What does a large multiplier effect signify?

    Find out more about the multiplier effect, what it measures and what a large multiplier effect indicates about an economy.
  2. How do externalities affect equilibrium and create market failure?

    Learn about the responsibilities of the International Monetary Fund and its functions regarding the international monetary ...
  3. What are some examples of operations management in healthcare?

    Learn how open market operations and monetary policy are related. Since the Great Recession, open market operations have ...
  4. How is the Macaulay duration related to fixed income markets?

    Determine how monetary policy influences the Fisher effect. The Fisher effect is used to determine real interest rates which ...
RELATED TERMS
  1. Deflationary Spiral

    A deflationary spiral is when a period of decreasing prices (deflation) ...
  2. Negative Interest Rate Policy (NIRP)

    A negative interest rate policy (NIRP) is an unconventional monetary ...
  3. Sterilization

    A form of monetary action in which a central bank seeks to limit ...
  4. Forward Guidance

    Verbal assurances from a country’s central bank to the public ...
  5. Overnight Rate

    The interest rate at which a depository institution lends immediately ...
  6. Helicopter Drop

    A hypothetical, unconventional tool of monetary policy that involves ...

You May Also Like

Related Articles
  1. Economics

    A Ban On SWIFT Could Hit Russia Where ...

  2. Mutual Funds & ETFs

    3 “Risk-Off” Signs For ETF Investors

Trading Center