Which of the Following Statements Is True

question 148

Multiple Choice

Which of the following statements is true?

• A) Savings deposits are a part of M2,but not M1.
• B) M1 is sometimes referred to as the "broad definition of the money supply".
• C) Time deposits are a part of M1,but not M2.
• D) M1 is a larger dollar amount than M2.

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Definitions:

Libel

A published false statement that is damaging to a person's reputation; a written form of defamation.

Defamation

The act of damaging someone's reputation by making false and harmful statements about them, either through slander (spoken) or libel (written).

Editorial

An article in a publication expressing the opinion of its editors or publishers.

General Damages

Compensation awarded in a lawsuit for losses that do not have a specific economic value, such as pain and suffering or defamation.