Bureaucrats who believe in the mission of their bureaus will want to maximize their bureau's budgets to further their perception of the public interest

All of the following are part of M2 except one. Which is the exception?

a. Money market deposit accounts b. Coins c. Traveler's checks d. Large-denomination time deposits e. Savings deposits

Countries experiencing balance of payments surpluses are usually eager to inflate their economies

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