A difference between M2 and M3 measures of the money supply is that M3 includes

Name: A difference between M2 and M3 measures of the money supply is that M3 includes
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M3 includes larger liquid assets such as bank repurchase agreements, which are not included in M2. M2 consists of all the assets in M1 (such as demand deposits and NOW accounts) plus savings deposits, small-denomination time deposits, and retail money market mutual fund shares.

A Difference Between M2 and M3 Measures of the Money