M1 differs from M2 in that: Select one: O a. M2 includes savings deposits, small-denomination time deposits, and money market mutual funds that not included in M1. O b. M1 is a broader measure of the money supply than M2. O c. the assets in M2 are more liquid than the assets in M1. O d. M1 includes currency and balances held in checking accounts, that are not included in M2.
M1 differs from M2 in that: Select one: O a. M2 includes savings deposits, small-denomination time deposits, and money market mutual funds that not included in M1. O b. M1 is a broader measure of the money supply than M2. O c. the assets in M2 are more liquid than the assets in M1. O d. M1 includes currency and balances held in checking accounts, that are not included in M2.
Chapter18: Money And The Federal Reserve System
Section: Chapter Questions
Problem 17SQ
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