Examlex
Which of the following is included in both M1 and M2?
Foreign-Currency Exchange
The act of changing one country's currency into another's for trade, travel, or investment purposes.
Budget Deficit
The financial situation where an entity's expenses exceed its revenues over a specified period, leading to borrowing or debt.
Budget Surplus
An excess of tax revenue over government spending
Loanable Funds
The resources available for borrowing in the financial markets, comprising savings and any other available funds.
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