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    Macroeconomics Study Set 4
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    Exam 12: A Monetary Intertemporal Model: Money, Banking, Prices, and Monetary Policy
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    Which of the Following Is Included in M2, but Not
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Which of the Following Is Included in M2, but Not

Question 61

Question 61

Multiple Choice

Which of the following is included in M2, but not in M1?


A) currency (outside the Bank of Canada and the vaults of depository institutions)
B) travelers' cheques
C) demand deposits
D) personal savings deposits
E) nonpersonal notice deposits

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