The M2 money supply
a. includes large denomination time deposits which are part of M1
b. excludes checking accounts which are part of M1
c. does not include money market mutual accounts because they are part of M1
d. includes demand deposits and small denomination time deposits because each ispart of M 1and M2, respectively
e. includes large denomination repurchase agreements which are part of M1
D
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The Phillips curve appeared to fit the data well for the United States in the
A) 1960s. B) 1970s. C) 1980s. D) 1990s.
The market demand curve indicates
a. the minimum price someone would be willing to pay for each unit of a good b. the cost of producing each unit of a good c. the price someone pays for each unit of a good d. how many people will purchase a good at each possible price e. the maximum price someone would be willing to pay for each unit of a good