What types of money are included in the M2 category? Check all that apply. currency savings accounts checking accounts commodity money short-term investment accounts

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Social Studies

Kaylin Ball

17 February, 16:47

What types of money are included in the M2 category? Check all that apply. currency savings accounts checking accounts commodity money short-term investment accounts

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Answers (2)

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Jojo · Answer 1

Currency, savings accounts, checking accounts, and short-term investment accounts.

Layton Bell · Answer 2

M2 money category basically comprises of M1 which includes those monies that are very liquid such as cash, checkable (demand) deposits, and traveler's checks. M2 money supply is less liquid in nature and includes M1 plus savings and time deposits, certificates of deposits, and money market funds.