Which of the Following Appears in M2 but Not in M1

question 31

Multiple Choice

Which of the following appears in M2 but not in M1?

• A)Savings accounts.
• B)NOW and ATS accounts.
• C)Traveler's checks.
• D)Credit union share drafts.

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Definitions:

Uses the Asset

Refers to how an asset is employed within a business or investment strategy to generate returns or benefits.

Conditional Sales Agreement Lease

A financial arrangement where the lessee acquires an asset under a lease agreement but only becomes the owner upon full payment of the lease.

Secured Loan

A loan backed by collateral, reducing the risk for the lender and often resulting in a lower interest rate for the borrower.

Leveraged Lease

A lease agreement where the lessor uses borrowed funds to purchase an asset which is then leased to the lessee, allowing for tax benefits and risk-sharing.