As the money supply consists of both currency & balances in different accounts, it is used by top financial institution to make economic decisions.
<h3>What is a money supply?</h3>
This refers to the total amount of money such as cash, coins, balances in bank accounts that are in circulation in a year.
<h3>M1</h3>
The M1 means the most liquid money that comprised of the currency, traveler’s check, and checking account deposits.
- M1 = Currency + traveler check + checking account deposits.
<h3>M2</h3>
The M2 is broader measure of Ms although it is has a less liquid measure compared to M1 and consists of currency, traveler’s checks, checking deposits, savings accounts, money market mutual funds etc
- M2 = M1 + savings accounts deposits + money market mutual funds.
<h3>M3</h3>
The M3 is broader measure of Ms as it includes M2 money as well as large time deposits, institutional money market funds, short-term repurchase agreements, larger liquid funds etc.
- M3 = M1 + Time deposits with commercial banks (Fixed deposits, Recurring deposits).
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Except for liability and assets. Accounting standards characterize an advantage as something your organization possesses that can give future financial advantages. Money, stock, debt claims, arrive, structures, hardware - these are on the whole resources. Liabilities are your organization's commitments either cash that must be paid or benefits that must be performed.
Answer:
D) 10-year, zero coupon
Explanation:
The zero coupon bonds with longer maturity period are more sensitive to interest rate changes than coupon payments bonds with the same maturity date and zero coupon bonds with shorter maturity periods.