M2

question 296

Multiple Choice

M2

• A) does not include currency.
• B) does not include traveler's checks.
• C) is a broader measure of money than M1.
• D) does not include checking deposits held at credit unions.

---

Definitions:

Disparity

The existence of inequalities or differences in conditions, status, or treatment between people or groups.

Rich and Poor

Terms reflecting the socioeconomic disparity between individuals or groups with significant wealth and those living in conditions of poverty.

Upper Limit

The maximum capacity, value, or level that can be reached or permitted.

Welfare Systems

Governmental programs designed to provide financial or other aid to individuals in need to ensure their basic living standards.