(Consider This) Which of the Following Is Not Part of the M2

question 236

Multiple Choice

(Consider This) Which of the following is not part of the M2 money supply?

• A) currency in circulation
• B) credit card balances
• C) small-denominated time deposits of less than $100,000
• D) checkable deposits

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Definitions:

Cost of Goods Sold

Directly incurred costs for the production of goods a company sells, encompassing both materials and workforce expenses.

Cash Cycle

is the period between the outflow of cash for raw materials and the inflow of cash from selling goods or services, indicating the efficiency of a company's operations.

Receivables Period

The common interval for an enterprise to secure payments owed by its patrons.

Inventory Period

The average time it takes for a company's inventory to turn over or be sold.