WHICH OF THE FOLLOWING IS NOT INCLUDED IN THE M1 MEASURE OF MONEY...

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

132) Which of the following is not included in the M1 measure of money but is included in the M2

measure of money?

(a) Savings deposits

(b) Demand deposits

(c) Traveler’s checks

(d) Other checkable deposits

Answer: A