The correct understanding of the monetary aggregates hierarchy in China is()
A. M0 = currency in circulation
B. M1 = M0 + Demand Deposit
C. M2 = M1 + Quasi money
D. Quasi money includes fixed deposits of enterprise,savings deposits,customer margin deposits of securities companies,other deposits
E. M0 = currency in circulation + demand deposit
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In general, changes in the monetary aggregates hierarchy have the following()characteristics
As liquidity wanes, the inclusion of money widens
B. The faster the speed of financial product innovation, the more frequent the change of stratification
C. As liquidity wanes, the currency universe shrinks
D. The faster the speed of financial product innovation, the less the change of stratification
E. Financial products with the same name belong to the same money aggregates hierarchy in different countries
Fiat money includes()
A. Paper money
Banknotes
C. Deposit currency
D. Commodity money
E. Metallic money
The Bretton Woods system is characterized by()
A. Gold is pegged to the US dollar
B. a fixed exchange rate system
C. Gold as an international liquidity of last resort
D. Exchange rates fluctuate around gold parity
E. Diversification of exchange rate arrangements
F. The balance of payments has an automatic adjustment mechanism
The correct statement about the monetary aggregates hierarchy is()
A. The more liquid, the smaller the range of money included
B. The content of each monetary aggregates hierarchy is different in different countries
C. The monetary aggregates hierarchy is not fixed
D. The division and measurement of monetary aggregates can only reflect the current status to a certain extent
E. The weaker the liquidity, the smaller the range of money included