Examlex
Which of the following is not a critic of the theory of pluralism?
M2
M2 is a measure of money supply that includes all elements of M1 (cash and liquid assets) plus near money, such as savings deposits, money market securities, and other time deposits, which are less liquid but can easily be converted into cash or checking deposits.
M1
M1 is a category of the money supply that includes physical currency and coin, demand deposits, traveler's checks, and other liquid funds.
Nondepository Financial Institution
Institutions that do not accept traditional demand deposits but instead offer financial products such as mutual funds, insurance, and securities.
Insurance Company
A financial institution that provides coverage, compensating financial losses during events like accidents, theft, or natural disasters, in exchange for premiums.
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