Which of the Following Is Included in M1,but Not in M2

question 36

Multiple Choice

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

• A) currency
• B) checking account deposits
• C) travelers checks
• D) Everything in M1 is in M2.

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Definitions:

Revolutions

Fundamental and often rapid changes in political, social, and economic structures, typically brought about by large-scale social movements or upheaval.

Pluralist Model

A theoretical framework suggesting that power in a society is distributed among multiple groups and organizations, rather than being concentrated in the hands of a few.

Political Power

The capacity or authority to direct or influence the behavior of others or the course of events politically.

Competing Interest Groups

Organizations or groups that advocate for their specific interests and objectives, often competing with each other for influence over policy and decisions in the public sphere.