Which of the Following Is Included in M2 but NOT

question 59

Multiple Choice

Which of the following is included in M2 but NOT in M1?

• A)NOW accounts
• B)demand deposits
• C)currency
• D)money market mutual fund shares (retail)

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Definitions:

Uncertainty Avoidance

A cultural dimension describing the extent to which a society tolerates ambiguity and uncertainty, favoring clear rules and beliefs.

Cultural Dimensions

Frameworks or models that describe the effects of a society's culture on the values of its members, and how these values relate to behavior.

Social Norms

Shared standards of behavior considered acceptable by a group or society.

Leading In Crisis

The practice of guiding and supporting an organization through times of extreme, tumultuous, and often unexpected challenges or dangers.