Below is a list of financial assets:
1.Certificates of deposit
2.Notice deposits (savings accounts)
3.Currency (coins and paper money)
4.Demand deposits (chequing accounts)
5.Government securities
6.Gold certificates
-Refer to the information above to answer this question.Which item(s) is included in the M2 definition of money?
A) Items 1,2,3 and 4.
B) Items 3,4 and 6.
C) Items 2,3 and 4.
D) Items 2,3,4 and 6.
E) Items 3,4,and 5.
Correct Answer:
Verified
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Q18: Why are notice deposits not included in
Q19: Approximately what percentage of the M2 money
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Q26: Below is a list of financial assets:
1.Certificates
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