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M2 includes M1 plus (Multiple Choice Question)

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9 years ago

M2 includes M1 plus (Multiple Choice Question)

M2 includes M1 plus
A) currency in circulation, checking account deposits in banks, and holdings of traveler's checks.
B) savings account balances, money market deposit accounts in banks, small-denomination time deposits, and noninstitutional money market fund shares.
C) checking account deposits, large-denomination time deposits, and noninstitutional money market fund shares.
D) currency in circulation, savings account balances, and small-denomination time deposits.

Textbook

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face

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Sydnie

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9 years ago

I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile

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