Examlex
Which of the following statements generates a random number between 0 and 50?
M2
A measure of the money supply that includes cash, checking deposits, and easily convertible near money like savings deposits and money market securities.
M1
A category of the money supply that includes all physical money such as coins and currency, as well as demand deposits, and other liquid assets easily convertible to cash.
Less Liquid
Describes assets that cannot be easily converted to cash without significant loss in value, relative to more liquid assets.
Roundabout Trade
Trade activities that involve the importing and exporting of goods through intermediate destinations rather than directly between the primary source and final destination.
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