Refer to the following table to answer the following questions:
-The largest component of M2 is
A) savings deposits.
B) checking deposits.
C) currency.
D) small time deposits.
E) money market mutual funds.

Question

Refer to the following table to answer the following questions: 
-The largest component of M2 is
A) savings deposits. 
B) checking deposits. 
C) currency. 
D) small time deposits. 
E) money market mutual funds.

Quizplus · Accepted Answer

Savings deposits are the largest component of M2, as they account for $8,535.1 billion out of the total $14,109.4 billion of M2.

Refer to the Following Table to Answer the Following Questions