The M2++ and M3 Definitions of the Money Supply Include

question 86

Multiple Choice

The M2++ and M3 definitions of the money supply include financial assets

• A)that are easily convertible into a medium of exchange.
• B)such as a credit card.
• C)such as term deposits at non- bank financial institutions.
• D)such as a government Treasury bill.
• E)such as term deposits at the chartered banks.

---

Definitions:

Symbolic Thinking

The ability to use symbols, images, or objects to represent something that is not physically present, commonly seen in language, mathematics, and art.

Logical Thinking

The process of reasoning consistently and systematically to come to a conclusion.

Authoritarian

Describes a governing style characterized by strong central power and limited political freedoms.

Authoritative

Characterized by or exhibiting power or authority, often used to describe a commanding figure or a definitive source of information.