Which of the Following Is Included in M2 but Not

question 79

Multiple Choice

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

• A)currency
• B)demand deposits
• C)savings deposits
• D)All of the above are included in both M1 and M2.

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Definitions:

Organisations

Groups or entities (such as corporations, nonprofits, institutions) structured to achieve specific goals through collective effort.

Accommodative Strategy

Accepts social responsibility and tries to satisfy prevailing economic, legal and ethical performance criteria.

Discretionary Responsibilities

Obligations that an individual or organization chooses to undertake out of ethical or moral principles rather than because of legal requirements.

Economic Responsibility

The obligation of an organization or individual to act in ways that benefit the economic well-being of society.