Which of the following is NOT part of the M-2 money supply?

A) Debit card account
B) Time deposits
C) Money market mutual funds
D) Savings account
E) Credit card account

Answer: E
Explanation: E) The major components of M-2 are M-1, time deposits, money market mutual funds, and savings accounts.

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Indicate whether the statement is true or false a. True b. False

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