Examlex
Which of the following is NOT a fixed payment loan?
Time Deposits
Banking term for deposit accounts that have a fixed term and typically offer higher interest rates than regular savings accounts.
M2
M2 refers to a measure of the money supply that includes cash, checking deposits, and easily convertible near money.
M3
A measure of the money supply that includes M2 plus large time deposits, institutional money market funds, and other large liquid assets.
Money Supply
The broad total of financial assets available in an economy at a specified moment.
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