The Basic Distinction Between M1 and M2 Is That

question 4

Multiple Choice

The basic distinction between M1 and M2 is that

• A) M2 excludes all checkable deposits.
• B) M1 is the money supply broadly defined to include large certificates of deposit.
• C) M2 is the money supply expressed in current dollars, whereas M1 is expressed in constant dollars.
• D) M1 includes credit card balances on bank-issued credit cards.
• E) M2 equals M1 plus savings, small time deposits, money market mutual fund balances, and money market deposit accounts.

---

Definitions:

Make-Table Query

A type of query in database management systems that creates a new table and populates it with data resulting from the query.

Export Records

The action of transferring data from one application or database to another format or application, typically for analysis, reporting, or backup purposes.

Table Design View

A feature in database management systems that allows users to define and modify a table's structure, including fields, types, and properties.

Field Name

The name or identifier assigned to a specific field or column in a database table, representing the type of data it contains.