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The M2 Measure of Money Consists of All the Assets

Question 49

Multiple Choice

The M2 measure of money consists of all the assets in M1 plus assets that are


A) usable in making payments but at a much lesser cost than currency or chequing accounts
B) usable in making payments but at a much greater cost than currency or chequing accounts
C) only denominated in foreign currency.
D) taxed at different rates as mandated by Canadian banking laws.
E) taxed at identical rates as mandated by Canadian banking laws.

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