Which of the Following Is True of M1 and M2

question 42

Multiple Choice

Which of the following is true of M1 and M2?

• A)M1 is nearly three times as large as M2.
• B)M2 is made up mostly of demand and checkable deposits.
• C)M2 is substantially larger than M1.
• D)M2 consists of M1 and savings deposits only.
• E)M1 is made up of M2 and certificates of deposit only.

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Definitions:

Bribery of Foreign Officials

The act of offering or giving anything of value to foreign government officials with the intent to influence their decisions in favor of the briber.

Slamming

An illegal telecommunications practice where a customer's telephone service is switched to another provider without their consent.

Consumers

Individuals or groups that purchase goods or services for personal use.

Embezzlement

Misappropriation or theft of funds placed in one's trust or belonging to one's employer.