If Monetary Aggregates Were Ranked from Most Liquid to Least

question 136

Multiple Choice

If monetary aggregates were ranked from most liquid to least liquid,the order would be:

• A) M1+,M2,M2+,and M3.
• B) stocks and bonds,M2,and M1+.
• C) M2,private equity investments,and M1+.
• D) gold,M1+,M2,and M3.

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Definitions:

Eye

An organ of vision that detects light and converts it into electro-chemical impulses in neurons.

Circular Opening

An opening or hole that is round in shape.

Iris

The colored part of the eye that controls the diameter and size of the pupil, thus regulating the amount of light that enters the eye.

Pupil

The opening in the center of the iris of the eye that adjusts size to control the amount of light reaching the retina.