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M1 is a narrow measure of the money supply, which includes currency, demand deposits and other liquid deposits, including savings deposits. M2 is a measure of the money supply, which includes cash, checkable deposits, and easily convertible near-money. M3 is the total money supply, which includes M2 money as well as large time deposits, institutional money market funds, short-term repurchase agreements and larger liquid funds. The Maastricht Treaty laid the foundation for the European Union. The macro environment refers to the broader state of the economy, not specific markets. A macro manager is a boss who does not need hands, who trusts his employees to do their job as they see fit. A macroeconomic factor is an influential fiscal, natural or geopolitical event that has a wide impact on a regional or national economy. Macroeconomics is a branch of economics that studies the structure, productivity, behavior and decision making of the entire or aggregate economy. Magic formula investing is a successfully proven strategy that can increase your chances of beating the market. Magna cum laude is an academic honorary award given to students who achieve academic excellence.