M2 Includes

question 13

Multiple Choice

M2 includes

• A)cash held by banks and by the public plus deposits at the Federal Reserve.
• B)currency plus checkable accounts and traveler's checks.
• C)currency plus checkable accounts plus traveler's checks plus small CDs and money market accounts.
• D)just cash held by the public.

Understand the definition and measurement of inflation through various indexes like CPI.

Understand and identify different types of unemployment and their implications.

Comprehend the inflation rate calculation and its significance.

Recognize the factors causing inflation (cost-push and demand-pull).

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Definitions:

Managable

Capable of being controlled, handled, or dealt with easily.

Society

A structured community of people bound together by similar traditions, institutions, or nationality.

Mourn

To feel or express sorrow or grief, often as a reaction to the death of someone.

Mispell

To write a word with incorrect letters or incorrect arrangement of letters.