Presently a major deterrent to bank panics in the United States?

True or false? Credit cars are part of the M1 money supply?

• Which one of the following is not part of our money supply? A. Gold B. Demand Deposits C. Travelers' checks D. Dollar bills The main purpose of federal deposit insurance is to A. prevent bank panics B. put savings and loan associations on an equal competitive footing with commercial banks C. prevent borrowers who are likely to default on their loans from getting loans in the first place D. permit the Federal Reserve to control the money supply Which of the following is NOT function of the FED? A. setting the discount rate B. issuing currency C. supervising banks D. tax cut In the United States over the last decade, the velocity of A. M1 has been more stable than the velocity of M2, leading the Fed to rely more on M1 targets B. M2 has been more stable than the velocity of M1, possibly because of the deregulation of the interest paid on checkable deposits C. M1 has been more stable than the velocity of M2, possibly because of the deregulation of the interest paid on checkable deposits D. M2 has been more stable than the velocity of M1, but the Fed still relies on M1 targets

• Answer:

  1. False,credit card is a loan,not money. 2. A, gold 3. A, no panic 4. D, u r asking twice. 5. A