Refer to the Table

question 154

Multiple Choice

$$\begin{array} { | l | c | } \hline \text { Money Market Mutual Fund Balances Held by Businesses } & \$ 100 \\\hline \text { Money Market Mutual Fund Balances Held by Individuals } & 230 \\\hline \text { Currency in Banks } & 10 \\\hline \text { Currency in Circulation } & 60 \\\hline \text { Savings Deposits, Including Money Market Deposit Accounts } & 60 \\\hline \text { Large-denominated (\$100,000 or more) Time Deposits } & 180 \\\hline \text { Small-denominated ( } \$ 100,000 \text { or less) Time Deposits } & 90 \\\hline \text { Checkable Deposits } & 70\\\hline\end{array}$$ Refer to the table. The value of the near monies that are part of M2 is

• A) $380.
• B) $230.
• C) $60.
• D) $390.

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Definitions:

Expenses

Monetary outlays or expenditures that individuals, businesses, or other entities incur during their operations, which may include costs related to goods, services, operations, or investments.

Cover

Protection or security provided by an insurance policy; or in finance, to deal with a position by buying or selling securities.

Good Faith

Acting with honesty and sincerity without the intention to defraud or deceive others.

Substituted Goods

Products or items offered in place of the original goods specified in a contract, often acceptable if they meet the contract's terms and intended use.