Which of the following is NOT included in the M2 definition of money?
A) currency held by banks
B) money market mutual fund balances
C) savings deposits
D) checkable deposits

Question

Quizplus · Accepted Answer

M2 includes savings deposits, money market mutual fund balances, and checkable deposits along with other components, but does not include currency held by banks. Currency held by banks is considered as reserves and not part of the money supply measured by M2.

Which of the Following Is NOT Included in the M2