Examlex

Solved

Savings Deposits Are Included in M1

question 201

True/False

Savings deposits are included in M1.


Definitions:

Division of Profits

The allocation of a company's net profits among its shareholders or partners.

Partnership Business

A type of business structure in which two or more individuals share ownership, profits, liabilities, and responsibilities.

Compete

To engage in an effort to win or achieve something, such as a market or a contest, often against others.

Consent

Agreement, approval, or permission as to some act or purpose, given voluntarily by a competent individual.

Related Questions