Which of the Following Is Not Included in M1

question 89

Multiple Choice

Which of the following is not included in M1?

• A)currency
• B)demand deposits
• C)savings deposits
• D)traveler's checks

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Definitions:

Board of Directors

A group of individuals elected by shareholders to oversee the major decisions and policies of a corporation.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation, entitling the owner to a proportion of the company's assets and profits.

Preemptive Rights

Rights given to existing shareholders to purchase additional shares in a company during a new issue before the shares are offered to the public, allowing shareholders to maintain their proportional ownership.

Stockholders

Individuals or entities that own one or more shares of stock in a corporation, making them partial owners of that company.