Which of the Following Is NOT Included in the M2

question 545

Multiple Choice

Which of the following is NOT included in the M2 measure of money?

• A) checking deposits
• B) traveler's checks
• C) time deposits
• D) shares of the stocks of large companies

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Definitions:

Cumulative Return

The aggregate amount that an investment has gained or lost over time, regardless of the period of time involved.

Initial Margin

The upfront payment required when purchasing securities on margin, serving as a deposit to cover credit risk for the broker.

Maintenance Margin

The minimum account balance that must be maintained by an investor in a margin account after purchasing securities on margin.

Stock-index Futures

Futures contracts that use a stock index as the underlying asset, allowing investors to speculate on the future value of the index.