Which of the following is used to explain why a consumer's willingness to buy Microsoft Office increases as the number of other people who use Microsoft Office increases?

Holding nonmonetary assets and converting them to money when necessary is justifiable so long as

A) nonmonetary assets pay an interest rate above that available on money. B) nonmonetary assets pay an interest rate below that available on money. C) money, and not nonmonetary assets, are generally used in transactions. D) money and nonmonetary assets are both used as bartering items.

Which of the following is not part of M2?

a. savings-type deposits b. noninstitutional money market mutual fund balances c. small time deposits d. large time deposits (over $100,000) e. cash held by the public