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Short term deposits under M2 refers to deposits invested for a period of: A. 6 days B. Less than 30 days C. 30 days D. None of the aboveReset Selection

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Understanding M2 and Short-Term Deposits

In monetary economics, M2 is a measure of the money supply that includes cash, checking deposits, and easily convertible near money. Short-term deposits typically refer to funds that are accessible or can be withdrawn within a relatively short duration.

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