Multiple Choice
M2 equals
A) M1 and is just another name for currency outside of banks.
B) M1 plus savings deposits,small time deposits,and money market fund deposits.
C) M1 minus traveler's checks because they are not really money.
D) currency plus savings deposits,all time deposits,and money market funds and other deposits.
E) M1 plus savings deposits and small time deposits minus money market fund deposits.
Correct Answer:
Verified
Correct Answer:
Verified
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