Use the Following to Answer Questions

question 158

Multiple Choice

Use the following to answer questions .
Exhibit: Components of the Money System

-(Exhibit: Components of the Money System) The money supply measured by M1 is

• A) $325 billion.
• B) $450 billion.
• C) $1,425 billion.
• D) $1,875 billion.

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Definitions:

Ownership

The legal right or interest that an individual or entity has in an asset or property.

Corporate Form of Organization

A legal structure for a business recognized as a separate legal entity from its owners, providing limited liability protection, and able to raise capital through issuing shares.

Limited Liability

A legal structure that limits the amount of financial risk and liability to the amount a person has invested in a company.