Which measure of money would be used to look at savings in the economy?
A) The monetary base
B) M1
C) M2
D) Reserves

Name: Which measure of money would be used to look at savings in the economy? A) The monetary base B) M1 C) M2 D) Reserves
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Question

Quizplus · Accepted Answer

Savings are typically held in bank accounts, which fall under M2. M2 accounts for M1 plus savings accounts, money market accounts, and other less liquid accounts.

Which Measure of Money Would Be Used to Look at Savings