Your savings account balance would be counted in which measure of money?
A) M1
B) M2
C) The monetary base
D) Both M1 and M2

Name: Your savings account balance would be counted in which measure of money? A) M1 B) M2 C) The monetary base D) Both M1 and M2
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Question

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Savings account balances are included in M2, which includes M1 (currency, checking accounts, traveler's checks) and additional assets like savings accounts, small time deposits, and money market mutual funds.

Your Savings Account Balance Would Be Counted in Which Measure