The Amount of Money Reported as M2

question 159

Multiple Choice

The amount of money reported as M2

• A)is smaller than the amount reported as M1.
• B)is larger than the amount reported as M1.
• C)excludes coins and currency.
• D)includes large ($100,000 or more) certificates of deposit.

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Definitions:

Corporate Social Responsibility

A strategy where businesses incorporate considerations for social and environmental impacts into their operations and relationships with stakeholders.

Community Relations

Efforts by a company or organization to establish and maintain a positive relationship with the communities in which it operates.

Good Citizen

A term referring to an individual who actively contributes to the welfare of the community and participates responsibly in civic life.

Tax-Paying Entity

A term used to describe any individual, business, or organization that is legally required to pay taxes to a governmental authority.