基礎ECON-MONA-002
In Hong Kong, M1 consists of:
A. Currency in circulation + demand deposits✓ 答案
B. Currency in circulation + all deposits
C. M2 + certificates of deposit
D. M3 + negotiable certificates of deposit
解說
M1 = currency in circulation + demand deposits (licensed banks). M2 = M1 + savings deposits + time deposits. M3 = M2 + deposits with restricted licence banks and deposit-taking companies.