Currency Held Outside the Banking System Is Included

question 27

Multiple Choice

Currency held outside the banking system is included

• A) in M1 but not M2.
• B) in M2 but not M1.
• C) in both M1 and M2.
• D) in neither M1 nor M2.

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Definitions:

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Superior

Superior is a term denoting higher quality, status, or authority compared to others.

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To suggest or advise that someone or something would be good or suitable for a particular purpose or situation.

Buffer

A temporary holding area in computer memory allowing different devices or programs to operate at different speeds or to manage data transfer efficiently.