Which of the following is included in M2 but not in M1?
A)Currency
B)Demand deposits
C)Savings deposits
D)Traveler's checks

Name: Which of the following is included in M2 but not in M1? A)Currency B)Demand deposits C)Savings deposits D)Traveler's checks
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M2 includes M1 (currency, demand deposits, and traveler's checks) plus savings deposits, small-denomination time deposits, and retail money market mutual fund shares. Savings deposits are included in M2 but not in M1.

Which of the Following Is Included in M2 but Not