Examlex

Solved

Which of the Following Is Included in the M-2 Definition

question 91

Multiple Choice

Which of the following is included in the M-2 definition of the money supply but not the M-1 definition?


Definitions:

Interest

The cost of borrowing money or the income earned from lending money, usually expressed as a percentage of the principal.

Coupon Rate

Yearly interest earnings from a bond, shown as a percentage of its face value.

Par Value

A nominal value assigned to a share of stock as indicated in the corporate charter, not necessarily reflecting its market value.

Yield

The income return on an investment, such as the interest or dividends received, expressed annually as a percentage based on the investment's cost, its current market value, or its face value.

Related Questions