Which of the Following Is Not Included in M1 or M2

question 46

Multiple Choice

Which of the following is not included in M1 or M2?

• A) checking account balances
• B) currency in circulation outside of commercial banks
• C) traveler's checks
• D) credit card balances

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Definitions:

Crisis

A crisis is a critical or a turning point situation that requires immediate attention and action to prevent or mitigate major negative consequences.

Crisis Management

The process by which an organization deals with a disruptive and unexpected event that threatens to harm its operations or stakeholders.

Crisis Situation

An emergency condition that poses a significant threat or requires immediate attention and action.

Structured Problems

Issues that are easily defined and have a clear, standardized solution procedure.