The Main Distinction Between M2 and M2+ Is That M2

question 98

Multiple Choice

The main distinction between M2 and M2+ is that M2+ also includes

• A)deposits at trust companies,caisse populaires and foreign-currency accounts.
• B)coins in circulation.
• C)money market mutual funds held by the Bank of Canada.
• D)paper currency.
• E)deposits at financial institutions other than the chartered banks.

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Definitions:

Legal Restrictions

Rules and regulations imposed by law that limit or define the actions individuals or organizations can perform.

Intensity of Competition

The degree of rivalry among firms in a particular market, heavily influencing their pricing, marketing, and product development strategies.

Lobby Government

The act of attempting to influence government officials' decisions or policies, typically conducted by individuals, companies, or organizations.

Restrict Entry

The act of limiting access or entrance into a market or sector to control competition and maintain market power.