Answered: Which of the following are included in…

Which of the following are included in M2 but NOT M1? -balances in retail money market mutual funds demand deposits large denomination time deposits All of the above None of the above

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter12: Money, Banking And The Financial System

Section: Chapter Questions

Problem 12QP

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Question

Which of the following are included in M2 but NOT M1?

-balances in retail money market mutual funds

demand deposits

large denomination

time deposits

All of the above

None of the above

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