Time deposits of $100,000 or more are

Name: Time deposits of $100,000 or more are
Brand: Quizplus
Rating: 4.8 (45 reviews)

Question

Quizplus · Accepted Answer

Time deposits of $100,000 or more are not included in M1 or M2 because they are considered to be less liquid than other forms of deposits such as checking accounts and savings accounts. M1 and M2 only include highly liquid deposits that can be easily converted into currency or used for transactional purposes.

Time Deposits of $100,000 or More Are