Examlex
Which of the following is not included in the M-1 or M-2 definitions of the money supply?
Liabilities
Financial obligations a company owes to outside parties, such as loans or accounts payable.
Furniture
Movable articles intended to support various human activities such as seating, eating, and sleeping, often used to outfit a living or working space.
Cash
Money in the form of currency that can be used immediately for transactions, considered the most liquid asset.
Capital
Financial assets or the financial value of assets, such as cash and goods, used to start or operate a business.
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