Question 

Question 1 

Which of the following are not included in M1?

A. negotiable orders of withdrawal

B. automatic transfer service accounts

C. money market deposit accounts

D. credit union share draft accounts

Question 2 

If the stated or nominal interest rate is 10 percent and the inflation rate is 5 percent, the net or differential compounding rate would be ________ percent

A. ten

B. five

C. two

D. fifteen

Question 3 

______________ occurs during economic expansions when demand for goods and services is greater than supply.

A. Administrative inflation

B. Speculative inflation

C. Cost-push inflation

D. Demand-pull inflation