WHICH OF THE FOLLOWING IS INCLUDED IN M2 BUT NOT IN M1

127) - TEST BANK CHAPTER 3 WHAT IS MONEY? TÀI CHÍNH TIỀN TỆ
TEST BANK CHAPTER 3 WHAT IS MONEY? TÀI CHÍNH TIỀN TỆ

127) Which of the following is included in M2 but not in M1?

(a) NOW accounts

(b) Money market deposit accounts

(c) Demand deposits

(d) Traveler’s checks

Answer: B