M2 includes M1 and:
A) large time deposits
B) overnight repurchase agreements
C) saving accounts
D) long-term bonds
E) gold reserves

Name: M2 includes M1 and: A) large time deposits B) overnight repurchase agreements C) saving accounts D) long-term bonds E) gold reserves
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Question

Quizplus · Accepted Answer

M2 includes M1 (which consists of cash and checking deposits) plus savings accounts, small time deposits, and other near-money assets.

M2 Includes M1 And