M1 Is a Measure of

question 172

Multiple Choice

M1 is a measure of

• A) money and includes both savings deposits and money market mutual funds.
• B) liquidity and in which the most liquid asset is money.
• C) money and includes both currency and checking deposits.
• D) money and includes both savings deposits and currency.

---

Definitions:

Ass

A term that, depending on context, can colloquially refer to a person's buttocks or disparagingly refer to a person considered foolish or stubborn.

Dead Metaphor

A metaphor that has been used so often it has lost its original figurative meaning and is taken literally.

Literal Meaning

The explicit or direct meaning of a word or text, without the use of metaphor, exaggeration, or any other figure of speech.

Metaphor

A figure of speech in which a word or phrase is applied to an object or action to which it is not literally applicable.