Which of the following is included in the M1 measure of money but not included in the M2 measure of money? currency O traveler's checks O demand deposits Onone

Economics:
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Author:BOYES, William
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Chapter12: Money And Banking
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QUESTION 8
Which of the following is included in the M1 measure of money but not included in the M2 measure of money?
currency
traveler's checks
demand deposits
none
Transcribed Image Text:QUESTION 8 Which of the following is included in the M1 measure of money but not included in the M2 measure of money? currency traveler's checks demand deposits none
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