131) Which of the following is not included in the M1 measure of money but is included in the M2 measure of money? (a) Currency (b) Traveler’s checks (c) Demand deposits (d) Small denomination time deposits Answer: D Question Status: Previous Edition

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

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

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

measure of money?

(a) Currency

(b) Traveler’s checks

(d) Small denomination time deposits

Answer: D

Question Status: Previous Edition