Time deposits larger than $100,000 are included in
A) M1.
B) M2.
C) M2 but not M1.
D) neither M1 nor M2.

Name: Time deposits larger than $100,000 are included in A) M1. B) M2. C) M2 but not M1. D) neither M1 nor M2.
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Question

Quizplus · Accepted Answer

Time deposits larger than $100,000 are not included in M1 or M2. M1 includes currency and checkable deposits, while M2 includes M1 plus savings deposits, small time deposits, and money market mutual funds, but excludes large time deposits.

Time Deposits Larger Than $100,000 Are Included in