Refer to the Following Table to Answer the Following Questions

question 167

Multiple Choice

Refer to the following table to answer the following questions:
-Which of the following is the largest component of M1?

• A) savings deposits
• B) checking deposits
• C) credit cards
• D) small time deposits
• E) money market mutual funds

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Definitions:

Convertible Bonds

A type of bond that can be converted into a predetermined number of shares of the issuing company's stock at certain times during the bond's life, usually at the discretion of the bondholder.

Shares Outstanding

The total number of shares that are owned by shareholders, including both public investors and restricted insider shares, of a company.

Exercise of Warrants

The act of utilizing warrants to purchase the company's stock at a predetermined price before the warrant expires.

Capital Budgeting Request

A process in which a business evaluates and plans for future projects or investments, analyzing potential expenses and returns.