Refer to the Given List of Assets

Multiple Choice

Refer to the given list of assets. 1. Large-denominated ($100,000 and over) time deposits
2) Savings deposits
3) Currency (coins and paper money) in circulation
4) Small-denominated (under $100,000) time deposits
5) Stock certificates
6) Checkable deposits
7) Money market deposit accounts
8) Money market mutual fund balances held by individuals
9) Money market mutual fund balances held by businesses
10) Currency held in bank vaults
The assets that are not included in either M1 or M2 are

A) items 1, 5, 9, and 10.
B) items 2, 5, 8, and 9.
C) items 1, 3, 5, 7, and 9.
D) all of the 10 items listed .