The largest component of M2 is
A) savings deposits
B) travelers checks
C) money market mutual funds
D) currency

Name: The largest component of M2 is A) savings deposits B) travelers checks C) money market mutual funds D) currency
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Question

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Savings deposits make up the largest component of M2, which includes all elements of M1 (currency, demand deposits, and travelers checks) plus savings deposits, small time deposits (less than $100,000), and money market mutual funds.

The Largest Component of M2 Is