As a Measure of the Canadian Money Supply,M2+ Is Defined

question 69

Multiple Choice

As a measure of the Canadian money supply,M2+ is defined as currency in circulation plus

• A)all chequable deposits.
• B)demand and notice deposits at all financial institutions.
• C)savings deposits at the chartered banks and non-bank financial institutions.
• D)term deposits and money market funds at all financial institutions.
• E)term deposits,money market funds and personal savings accounts.

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Definitions:

Ideology

An arrangement of concepts and standards, mainly one that supports the structure of political or economic theories and policies.

Monetary Bailouts

Financial assistance provided to a failing business or economy to save it from collapse.

Laissez-Faire Approach

An economic principle advocating minimal government intervention in the marketplace and allowing private sector freedom in economic decisions.

Natural Selection

The biologically based principle that environmental pressures allow certain beneficial traits to be passed on to future generations.