M2 Includes

question 79

Multiple Choice

M2 includes

• A)M1 plus government bonds.
• B)M1 plus U.S.government securities.
• C)M1 plus savings accounts and small time deposits.
• D)M1 plus term Eurodollar deposits.
• E)M1 minus savings accounts.

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Definitions:

Protestants

Followers of any of the Christian denominations that broke away from the Roman Catholic Church during the Protestant Reformation.

Absolute Monarchy

A form of government where the monarch holds supreme authority, unrestricted by laws or constitution; their word or decree is law.

Louis XIII

King of France from 1610 to 1643, known for strengthening the French monarchy and establishing absolute monarchy as the form of government.

Valois Dynasty

A royal dynasty of France that ruled from 1328 to 1589, known for its involvement in the Hundred Years' War and the Wars of Religion.