Which of the Following Is Included in the M2 Definition

question 139

Multiple Choice

Which of the following is included in the M2 definition of the money supply?

• A) credit cards
• B) term deposits
• C) corporate bonds
• D) foreign currency accounts

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Definitions:

Single Currency

A monetary system in which a single legal tender is used across an economic or political region, facilitating trade and economic policy.

Foreign Bonds

Bonds issued by a country or company that are not denominated in the currency of the country in which they are sold.

International Bonds

Bonds issued in a country by a foreign entity, in the currency of the country where it is issued, as a way for the issuer to gain access to a foreign capital market.

Eurocurrency

Currency deposited by national governments or corporations in banks outside their home market, typically in a currency not native to the deposit location.