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  2. Topic
    Business
  3. Study Set
    Principles of Money Banking
  4. Exam
    Exam 2: The Role of Money in the Macroeconomy
  5. Question
    The Difference Between M1 and M2 Definitions of the Money
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The Difference Between M1 and M2 Definitions of the Money

Question 1

Question 1

Multiple Choice

The difference between M1 and M2 definitions of the money supply is that M2 includes


A) demand deposits at banks.
B) large denomination time deposits.
C) retail money market mutual funds shares.
D) NOW accounts.

Correct Answer:

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