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One Important Lesson to Keep in Mind During Benchmarking Is

question 8

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One important lesson to keep in mind during benchmarking is that:


Definitions:

Small Denomination

Currency or securities that are issued in relatively small monetary amounts, making them more accessible to individual investors or consumers.

Large Denomination

Large denomination refers to currency notes or financial instruments that represent a high value, typically making transactions and storage of large sums more convenient.

M3

A broad measure of a country's money supply that includes M2 plus large time deposits, institutional money market funds, and short-term repurchase agreements.

Small Denomination

refers to currency or financial instruments that have a low face value.

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