Which of the Following Is Included in M2 but Not

question 188

Multiple Choice

Which of the following is included in M2 but not in M1+?

• A) demand deposits
• B) corporate bonds
• C) currency
• D) term deposits

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Definitions:

Portable TV

A small television set designed to be easily transportable, allowing for television viewing in various locations.

Binding Contract

A legally enforceable agreement between two or more parties that is bound by law and has legal obligations.

Verbal Offer

An offer made through spoken communication rather than in written form, which can be legally binding under certain conditions.

Affirmatively

In a manner that expresses agreement or conformation; also, acting in a positive or confirming way.