Which of the following would be included in M2, but not included in M1?
A) demand deposits
B) money market accounts
C) checking accounts
D) none of the above

Question

Quizplus · Accepted Answer

M2 includes all of M1 (currency, demand deposits, traveler's checks, and other checkable deposits) as well as certain types of deposits that are less liquid, such as savings accounts, time deposits, and money market mutual funds. Money market accounts are included in M2 but not in M1.

Which of the Following Would Be Included in M2, but Not