Which of the Following Is Not Considered Part of M2

question 113

Multiple Choice

Which of the following is not considered part of M2?

• A) Small time deposits of less than $100,000.
• B) Money market mutual fund shares.
• C) Savings deposits.
• D) Large time deposits of more than $100,000.

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Definitions:

First Congress

The initial meeting of the legislative branch of the United States government under the new Constitution, which took place from 1789 to 1791.

Bill of Rights

The first ten amendments to the United States Constitution, ratified in 1791, guaranteeing essential rights and freedoms to American citizens.

Federal Judiciary

The branch of the United States government responsible for interpreting and applying laws at the federal level, consisting of the Supreme Court and lower federal courts.

Assumption of State Debts

A policy proposal by Alexander Hamilton in the late 18th century, advocating that the federal government assume debts incurred by the states during the American Revolutionary War.