The M2 Aggregate

question 8

Multiple Choice

The M2 aggregate

• A) includes M1 plus short-term investment accounts.
• B) includes M1 plus large-denomination time deposits.
• C) equals currency plus checking account deposits at commercial banks.
• D) is the best definition of money purely as a medium of exchange.

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Definitions:

Personal Interests

Activities, subjects, or pursuits that an individual enjoys or finds significant on a personal level.

Socially

In a manner that involves or relates to society, its organization, or its activities.

Ethically Responsible

Involves making decisions and taking actions that are morally sound and reflect a high standard of integrity.

Ethics

A set of moral principles or values that guide an individual's or group's behavior and decision-making.