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  3. Study Set
    Economics Principles and Policy Study Set 2
  4. Exam
    Exam 28: Money and the Banking System
  5. Question
    M<sub>2</sub> Consists of M<sub>1</sub> Plus Savings Deposits, Small Time Deposits
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M2 Consists of M1 Plus Savings Deposits, Small Time Deposits

Question 195

Question 195

True/False

M2 consists of M1 plus savings deposits, small time deposits, money market mutual funds, and a few minor categories.

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