Examlex
You are on a diet and eating less than 50 grams of carbohydrate per day. The claim made in the diet educational materials is that carbohydrate is the main culprit in being overweight, so it must be restricted. Which of the following will happen as a result of this low carbohydrate diet?
Demand Deposits
Bank accounts from which money can be withdrawn at any time without any advance notice.
M1
A category of the money supply that includes all physical money like coins and currency, as well as demand deposits, and other liquid assets quickly convertible to cash.
M2
A measure of the money supply that includes cash, checking deposits, and easily convertible near money such as savings deposits, money market securities.
Savings Account
A deposit account held at a financial institution that provides principal security and a modest interest rate.
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