Use the following list to answer the question about the money supply. 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 list above. The M2 money supply is composed of items:
A) 1, 2, 3, 4, 5, and 6
B) 1, 2, 4, 5, and 6
C) 1, 2, 4, and 6
D) 2, 4, 5, and 6
Correct Answer:
Verified
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