The Components of M2 That Are Not Also in M1

Multiple Choice

The components of M2 that are not also in M1:

A) sum to an amount that is smaller than the sum of the components of M1.
B) pay lower rates of interest than do the components of M1.
C) are not usable for making payments.
D) are usable for making payments, but at a greater cost or inconvenience than currency or checks.