Which of the following is part of M1, M2 or not part of the money supply? 1. Credit cards 2. Noncheckable savings deposits 3. Currency (coins and paper money) 4. Small (under $100,000) time deposits 5. Stock certificates 6. Checkable deposits 7. Money under mattress 8. Money market mutual fund balances held by individuals 9. Travelers checks 10. Bonds 11. Money market mutual fund balances held by businesses 12. Large ($100,000 and over) time deposits 13. Money market deposit accounts 14. Debit cards

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter12: Money, Banking And The Financial System
Section: Chapter Questions
Problem 5WNG
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Which of the following is part of M1, M2 or not part of the money supply?

1. Credit cards

2. Noncheckable savings deposits

3. Currency (coins and paper money)

4. Small (under $100,000) time deposits

5. Stock certificates

6. Checkable deposits

7. Money under mattress

8. Money market mutual fund balances held by individuals

9. Travelers checks

10. Bonds

11. Money market mutual fund balances held by businesses

12. Large ($100,000 and over) time deposits

13. Money market deposit accounts

14. Debit cards

                                                                                                         

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