Examlex
Which of the following is included in the M-2 definition of the money supply but NOT in the M-1 definition?
Firm's Cash Cycle
The length of time it takes a company to convert its investments in inventory and other resources into cash flows from sales.
Cash Budgeting
The process of forecasting future financial positions based on anticipated cash receipts and disbursements.
Taxes
Taxes are compulsory financial charges imposed by a government on individuals and organizations to fund public expenditures.
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