Which of the Following Is Not Part of M1 and Part

question 46

Multiple Choice

Which of the following is not part of M1 and part of M3?

• A) Travellers cheques.
• B) Term deposits.
• C) Currency.
• D) High- powered money.
• E) Current account deposits.

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Definitions:

Gasoline

A liquid fuel made from petroleum and used primarily to power internal combustion engines.

Cost Function

A mathematical representation that describes how costs incurred by a firm change with variations in the level of production activity.

Output

The amount of products or services generated by a company, sector, or economic system within a specific time frame.

Housing Development

Planned construction projects that consist of multiple houses or apartments, designed to cater to specific or general housing needs.