Which of the Following Is NOT Included in the M2

question 69

Multiple Choice

Which of the following is NOT included in the M2 measure of the money supply?

• A) currency
• B) stock account balances
• C) traveler's checks
• D) savings account balances

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Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed.

Depreciated

Depreciated refers to the decrease in value of an asset over time, often due to wear and tear or obsolescence, recognized in accounting to allocate the cost of an asset over its useful life.

Payback Period

The payback period is the time required for an investment to generate cash flows sufficient to recover its initial cost.

Tax Rate

The percentage at which an individual or corporation is taxed by the government on income or profits.