(Consider This) Which of the following is not part of the M2 money supply?
A) currency in circulation
B) credit card balances
C) small-denominated time deposits of less than $100,000
D) checkable deposits

Question

Quizplus · Accepted Answer

Credit card balances are not part of the M2 money supply because they are not directly considered part of the money supply. They are instead a debt that is owed and must eventually be paid off with money from the M2 money supply. The M2 money supply includes currency in circulation, small-denominated time deposits of less than $100,000, and checkable deposits.

(Consider This) Which of the Following Is Not Part of the M2