Multiple Choice
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.
Correct Answer:
Verified
Correct Answer:
Verified
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