(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:

Fixed Assets

are long-term tangible assets used in the operation of a business, such as buildings, machinery, and equipment, not expected to be converted into cash within a year.

Capacity

The maximum amount that something can contain or produce, often used in the context of production and manufacturing.

Projected Addition

An estimate of future additions or expansions in a company's operations, assets, or capacities based on planned projects or investments.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, reflecting the percentage of tax paid on any additional income earned.