Question

question 1
1)-m1 is defined as a measure of the money supply that includes, mainly:
○ a. checking accounts and currency in the han sople.
○ b. time deposits in banks and currency in the h the people.
○ c. currency in the hands of the people and savings deposits.
○ d. m2 plus checking accounts.

question 2
1 pts
2)-the federal reserve conducts monetary policy, which is best defined as:
○ a. international lending to needy governments.
○ b. lending to the u. s. government when it runs a budget deficit.
○ c. holding deposits for commercial banks to facilitate the payments

Explanation:

Question 1

To determine the correct option for M1's definition:

• M1 is the narrowest money supply measure, including currency in circulation (in people’s hands) and demand deposits (checking accounts).
• Option a: Matches M1’s components (checking accounts + currency in hands of people).
• Option b: Time deposits are in M2, not M1.
• Option c: Savings deposits are in M2, not M1.
• Option d: M1 is part of M2 (M2 = M1 + savings/time deposits, etc.), so this is reversed.

Answer:

a. Checking accounts and currency in the hands of people

Question 2 (partial, assuming the full options are about monetary policy):

(Note: The visible options are cut off, but based on context, monetary policy involves managing money supply/interest rates. For the visible options:

• Option a: International lending is not monetary policy.
• Option b: Lending to the U.S. government (Treasury) is debt management, not monetary policy.
• Option c: Holding commercial bank deposits (reserves) is part of monetary policy (e.g., reserve requirements, facilitating payments).

If the full question asks for the best definition of monetary policy, the core is managing money supply, interest rates, or credit to influence economic activity (e.g., “actions to control money supply and interest rates to achieve macroeconomic goals”).

For the visible options, if the correct choice is about central bank actions on money/credit, select the option aligning with that. For example, if option c is “Holding deposits for commercial banks to facilitate payments (and manage reserves)”, it relates to monetary policy tools (reserve management).

(If more context is provided, the answer can be refined. For now, based on partial info, the likely correct option involves central bank actions on money supply/credit.)