Coins held in chartered banks are:
A)included in M1, but not in M2.
B)included both in M1 and in M2.
C)included in M2, but not in M1.
D)not part of the nation's money supply.

Name: Coins held in chartered banks are: A)included in M1, but not in M2. B)included both in M1 and in M2. C)included in M2, but not in M1. D)not part of the nation's money supply.
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Quizplus · Accepted Answer

Coins held in chartered banks are not considered part of the money supply because they are not in circulation and are not available for transactions.

Coins Held in Chartered Banks Are