Which of the following is part of M2?
A) checks
B) credit cards
C) currency held inside a bank
D) none of these are part of M1 or M2

Name: Which of the following is part of M2? A) checks B) credit cards C) currency held inside a bank D) none of these are part of M1 or M2
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Question

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None of the options listed are part of M2. M2 includes M1 (currency outside banks, demand deposits, traveler's checks) plus savings deposits, time deposits under $100,000, and retail money market mutual fund shares.

Which of the Following Is Part of M2