M2 Includes M1 Plus

question 130

Multiple Choice

M2 includes M1 plus

• A)currency in circulation,checking account deposits in banks,and holdings of traveler's checks.
• B)savings account balances,money market deposit accounts in banks,small-denomination time deposits,and noninstitutional money market fund shares.
• C)checking account deposits,large-denomination time deposits,and noninstitutional money market fund shares.
• D)currency in circulation,savings account balances,and small-denomination time deposits.

---

Definitions:

Variable Costs

Expenses that change in proportion to the volume of goods or services a company produces, such as materials and labor costs.

Primary Management Function

The core activities central to managing an organization, often categorized as planning, organizing, leading, and controlling.

Macro Uncertainty

Macro uncertainty refers to the unpredictable changes and instability in the macroeconomic environment that affect countries, markets, and global financial systems.

State Uncertainty

A condition in which there is a lack of clarity about the status of an environment or situation, often leading to difficulties in decision-making.