(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

---

Definitions:

Call Price

The price at which a bond or other financial instrument can be redeemed by the issuer before its maturity.

Exercise Price

The rate at which an option's owner is permitted to purchase or sell the underlying asset.

Option Contract

A contract which gives the buyer the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price prior to or on a specified date.

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a certain period.