Which of the Following Is Not Included in Any of the Measures

question 89

Multiple Choice

Which of the following is not included in any of the measures of the money supply?

• A)Credit union share drafts.
• B)Cash in the vault of a commercial bank.
• C)Currency in circulation outside of commercial banks.
• D)Transactions account balances at mutual savings banks.

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Definitions:

Federal Law

Refers to the body of law created by the national government of a country, encompassing statutes, regulations, and case law that apply across the entire nation.

Brokerage Firm

A company that provides access to the stock market for investors, offering trading services, financial advice, and investment management.

Financial Interest

Financial interest denotes a stake or concern in the financial success, returns, or profits of an investment, business, or any economic entity.

Prospectus

A public document required by law before securities are issued, revealing material facts about that security and its issuer, with such true, full, and plain disclosure that a potential investor may make an informed decision as to the riskiness and price of that security.