Which of the Following Is Part of "M2" but Not

question 39

Multiple Choice

Which of the following is part of "M2" but not "M1"?

• A)money market mutual fund shares
• B)saving deposits
• C)time deposits (under $100,000)
• D)all of the above
• E) none of the above

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Definitions:

Utility Function

A mathematical representation that quantifies an individual's preference for various outcomes or goods, indicating their level of satisfaction.

Indifference Curve

A graphical representation showing combinations of goods or services that provide the same level of satisfaction to a consumer.

Apples

Edible fruits from the Malus domestica tree, characterized by their sweet taste and variety of colors, and consumed worldwide.

Bananas

A type of elongated, edible fruit produced by various kinds of large herbaceous flowering plants in the genus Musa.