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. Which items are included in the M2 money supply, but not the M1 money supply?
A) 1 and 7
B) 3 and 5
C) 1 and 2
D) 1, 2, and 5
Correct Answer:
Verified
Q31: Which definition(s) of the money supply include(s)
Q32: The use of a credit card is
Q33: Money supply M1 does not include the
Q34: Q35: Use the following table to answer the Q37: Use the following table to answer the Q38: People can generally get the following items![]()
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