Money Market Mutual Funds

question 64

Multiple Choice

Money market mutual funds

• A)are included in M2 but not M1.
• B)are included in M1 but not M2.
• C)are included in M1 and M2.
• D)are the largest part of the monetary base.
• E)None of the above is correct.

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Definitions:

Mathematical Expression

A combination of numbers, operations, and sometimes variables that represents a mathematical relationship or value.

Exponentiation

The mathematical operation involving the raising of a number to the power of another number.

Mathematical Expression

A combination of numbers, operations, and symbols forming a meaningful equation or inequality.

Variable Substitution

The process of replacing a variable in an equation or expression with a specific value.