M2 includes which of the following?

Name: M2 includes which of the following?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

M2 is a measure of the money supply that includes cash, checking deposits, and easily convertible near money. Retail money funds are included in M2 because they are considered near money, meaning they can be quickly converted into cash or checking deposits. Corporate bonds, government bonds, and gold are not included in M2 as they are not as liquid or easily convertible to cash for immediate spending.

M2 Includes Which of the Following