Which One of the Following Is Part of the M2

question 139

Multiple Choice

Which one of the following is part of the M2 definition of the money supply, but not part of M1?

• A) Checkable deposits.
• B) Currency held in banks.
• C) Currency in circulation.
• D) Small time deposits of less than $100,000.

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Definitions:

Net Income

Company's earnings following the deduction of all expenses and taxes from its revenue.

Intra-Entity Asset Transfers

Transactions involving the transfer of assets between divisions or departments within the same entity, often for internal record-keeping and consolidation purposes.

Net Income

The net income a company earns once all costs and taxes are subtracted from its total revenues.

Consolidated Gain

The total profit achieved by a group of consolidated entities or a parent company and its subsidiaries, usually reported in consolidated financial statements.