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6 March, 07:04

Savings account balances, small-denomination time deposits, and noninstitutional money market fund shares are A. included in both M1 and M2. B. financial assets that are not included in the money supply. C. included only in M2. D. included only in M1.

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  1. 6 March, 07:19
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    Answer: included only in M2

    Explanation: because M2 includes savings accounts, small-denomination time deposits (such as

    certificates of deposit (CDs)), money market deposit accounts in banks, and noninstitutional money

    market fund shares.
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