Answer the Question on the Basis of the Following List

Answer the question on the basis of the following list of assets: 1.Large-denominated ($100,000 and over) time deposits
2) Noncheckable savings deposits
3) Currency (coins and paper money) in circulation
4) Small-denominated (under $100,000) time deposits
5) Stock certificates
6) Checkable deposits
7) Money market deposit accounts
8) Money market mutual fund balances held by individuals
9) Money market mutual fund balances held by businesses
10) Currency held in bank vaults
Refer to the given list.The assets that are not included in either M1 or M2 are:

A) Items 1,5,9,and 10.
B) Items 2,5,8,and 9.
C) Items 1,3,5,7,and 9.
D) All of the ten items listed.