The Main Distinction Between M2 and M2+ Is That M2

question 95

Multiple Choice

The main distinction between M2 and M2+ is that M2+ also includes

• A)coins in circulation.
• B)deposits at financial institutions other than the chartered banks.
• C)deposits at trust companies, caisse populaires and foreign- currency accounts.
• D)paper currency.
• E)money market mutual funds held by the Bank of Canada.

---

Definitions:

Perceptual Errors

Mistakes in judgment or interpretation caused by inaccuracies in the perception of sensory information or cognitive biases.

Distortion

The alteration or misrepresentation of information during communication, leading to misunderstandings or errors in perception.

Communication Medium

The channel or method used to convey information or messages between individuals or groups.

Informal Letters/Memos

Non-official communications typically used for personal messages or within an organization to share information casually.