Your Checking Account Balance Would Be Counted in Which Measure

question 40

Multiple Choice

Your checking account balance would be counted in which measure of money?

• A) M1
• B) M2
• C) The monetary base
• D) Both M1 and M2

---

Definitions:

Gains and Losses

Financial terms referring to the positive or negative changes in value of investments or assets relative to their original purchase price.

Liquidation Gain/Loss

The financial result realized when the assets of a company are sold off or liquidated.

Liquidating

The process of converting a company's assets into cash and distributing it to the debt holders and shareholders during the winding up of the company.