M2 Includes M1 Plus

question 130

Multiple Choice

M2 includes M1 plus

• A)currency in circulation,checking account deposits in banks,and holdings of traveler's checks.
• B)savings account balances,money market deposit accounts in banks,small-denomination time deposits,and noninstitutional money market fund shares.
• C)checking account deposits,large-denomination time deposits,and noninstitutional money market fund shares.
• D)currency in circulation,savings account balances,and small-denomination time deposits.

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Definitions:

Economy

The comprehensive system of production, distribution, and consumption of goods and services within a society.

Organic Farm

A farming system that utilizes natural processes and inputs for crop and livestock production, avoiding synthetic chemicals and genetically modified organisms.

Farmers' Market

A designated market space where local farmers and vendors sell their produce and goods directly to consumers.

Global Markets

The international exchange of goods, services, and finances, characterized by global competition, pricing, and product availability.