Which of the following appears in M2 and NOT M1?
A) currency
B) checking account balances
C) money market mutual funds
D) traveler's checks
Correct Answer:
Verified
Q33: Economists use different definitions of money because
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Q34: Table 13.1 Q35: Deposits in savings accounts are included in Q36: The largest single component of M2 is Q39: A reason that economists keep an eye Q40: The smallest single component of M1 is Q41: Credits cards are NOT a part of Q42: Money solves the problem of double coincidence Q43: Small time deposits of $100,000 or less Q71: Which of the following is included in
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