M1 Differs from M2 in That

Multiple Choice

M1 differs from M2 in that

A) M1 includes currency and balances held in chequing accounts,which are not included in M2.
B) M2 includes personal deposits and non-personal demand and notice deposits,which are not included in M1.
C) M2 includes small savings accounts,and money market mutual funds,which are not included in M1.
D) M1 is a broader measure of the money supply than M2.
E) the assets in M2 are more liquid than the assets in M1.