M2 Refers To

question 98

Multiple Choice

M2 refers to:

• A) currency.
• B) currency plus total reserves held at the Fed.
• C) currency plus checkable deposits.
• D) currency,checkable deposits,savings deposits,money market mutual funds,and small-time deposits.

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Definitions:

Benchmarking

A process of comparing one's business processes and performance metrics to industry bests or best practices from other companies.

Best Practices

Established methods or techniques that are considered superior to alternatives because they produce results that are superior to those achieved by other means.

Industry

The sector of economy characterized by the production and manufacturing of goods or provision of services.

Cost-Benefit Analysis

An analytical process to compare the costs and benefits of decisions, projects, or policies.