The definition of M2 includes:
A. hard money and savings account balances.
B. cash and checking account balances.
C. cash, checking account, and savings account balances.
D. cash, checking accounts, savings accounts, and other financial instruments where money is locked away for a specified period of time.
Answer: D
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Explain how Eurobanks played a role in the Iranian Hostage Crisis in 1979
What will be an ideal response?
The stock of unused goods held by a firm is called a(n):
a. depreciation. b. supplement. c. deadweight loss. d. excess capacity. e. inventory.
If Johanna purchases a bond for $4,500 that promises to pay her $5,000 one year later, what is the interest rate on the bond?
a. 5.3 percent b. 5.6 percent c. 10.0 percent d. 11.1 percent e. 10.5 percent
Suppose the price index was 100 in 2014, 109 in 2015, and the inflation rate was lower between 2015 and 2016 than it was between 2014 and 2015 . This means that
a. the price index in 2016 was lower than 109.0. b. the price index in 2016 was lower than 118.9. c. the price index in 2016 was lower than 118.0. d. the inflation rate between 2015 and 2016 was lower than 1.09 percent.