Which of the Following Is NOT Part of M1 but Is

question 90

Multiple Choice

Which of the following is NOT part of M1 but is included in M2?

• A) currency
• B) small-denomination certificates of deposits
• C) traveler's checks
• D) cash

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Definitions:

Business Combination

A transaction or other event in which an acquirer gains control of one or more businesses, typically involving mergers, acquisitions, or consolidations.

Consolidated Financial Statements

Financial reports that aggregate the financial position, results of operations, and cash flows of a parent company and its subsidiaries as if the group were a single entity.

Consolidated Balance Sheet

A financial statement showing the aggregated financial position of a parent company and its subsidiaries.

Cash

Physical form of currency such as coins and banknotes, representing the most liquid asset used for transactions.