M1 differs from M2 in that:
A) M1 includes currency and balances held in chequing accounts that are not included in M2.
B) M2 includes personal savings deposits and non personal time deposits that are not included in M1.
C) M2 includes small savings accounts, and money market mutual funds that are not included in M1.
D) M1 is a broader measure of the money supply than M2.
Correct Answer:
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Q76: Q77: Cash in the vault of commercial banks Q78: Use the notations of M as money Q79: Use the notations of M as money Q80: Demand deposits are classified as money, because: Q82: The definition of M1 does not include Q83: The M1 measure of money consists of Q84: In 2008, the supply of money (M1B) Q85: If Marc withdraws $100 from his chequable Q86: Identify below which is not a measure
A)
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