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M2 is defined as : 
  • a)
    M1 + net time deposits 
  • b)
    M1 + total deposit with post office 
  • c)
    M1 + saving deposit with post office 
  • d)
    Currency plus demand deposits in banks 
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
M2is defined as :a)M1+ net time depositsb)M1+ total deposit with post ...
M2 is a calculation of the money supply that includes all elements of M1 as well as "near money." M1 includes cash and checking deposits, while near money refers to savings deposits, money market securities, mutual funds and other time deposits. These assets are less liquid than M1 and not as suitable as exchange mediums, but they can be quickly converted into cash or checking deposits.
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M2is defined as :a)M1+ net time depositsb)M1+ total deposit with post ...
c
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M2is defined as :a)M1+ net time depositsb)M1+ total deposit with post ...
c
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M2is defined as :a)M1+ net time depositsb)M1+ total deposit with post officec)M1+ saving deposit with post officed)Currency plus demand deposits in banksCorrect answer is option 'C'. Can you explain this answer?
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M2is defined as :a)M1+ net time depositsb)M1+ total deposit with post officec)M1+ saving deposit with post officed)Currency plus demand deposits in banksCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about M2is defined as :a)M1+ net time depositsb)M1+ total deposit with post officec)M1+ saving deposit with post officed)Currency plus demand deposits in banksCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for M2is defined as :a)M1+ net time depositsb)M1+ total deposit with post officec)M1+ saving deposit with post officed)Currency plus demand deposits in banksCorrect answer is option 'C'. Can you explain this answer?.
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