Large Time Deposits (Over $100,000) Are Included in Which of the Following

question 109

Multiple Choice

Large time deposits (over $100,000) are included in which of the following money supply definitions?

• A)M1
• B)M2
• C)M3
• D)all of the above

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Definitions:

Little's Law

A principle in queueing theory stating that, under steady state conditions, the long-term average number of customers in a stationary system is equal to the long-term average effective arrival rate multiplied by the average time a customer spends in the system.

Average Number

The average number represents the central value or the arithmetic mean obtained by dividing the sum of a set of numbers by the count of numbers in the set.

System

An organized and interconnected set of elements and processes that define a complex whole within a particular environment.

Servicing Rate

The Servicing Rate is the percentage of a loan amount charged to service a loan, including management of the account, collections, and customer service.