Multiple Choice
Items 1. Money market mutual funds held by individuals
2) Savings deposits, including money market deposit accounts
3) Money market mutual funds held by businesses
4) Currency held by the public
5) Small time deposits
6) Checkable deposits
Refer to the accompanying list. Which items are included in the M2 money supply but not the M1 money supply?
A) 1 and 7
B) 3 and 5
C) 1 and 2
D) 1, 2, and 5
Correct Answer:
Verified
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