The Government Compiles Two Measures for the Purpose of Tracking

question 46

Multiple Choice

The government compiles two measures for the purpose of tracking the money supply: M-1 and M-2.Which of the following is not included in the government's calculation of M-2?

• A)Checking-account funds
• B)Cash
• C)Savings accounts
• D)Time deposits greater than $100,000

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Definitions:

Spinal Cord

The long, thin, tubular structure made up of nervous tissue, which extends from the brainstem down the back, and is responsible for transmitting neural signals between the brain and the rest of the body.

Brainstem

The lower extension of the brain where it connects to the spinal cord, involved in regulating vital functions such as heart rate, breathing, and sleep cycles.

Spinal Cord

The major bundle of nerves running down the spine, connecting the brain to the rest of the body, responsible for transmitting sensory and motor information.