difference between M1 and M2 is that Multiple Choice the former includ.pdf
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The document compares two monetary aggregates, M1 and M2. M1 includes time deposits, while M2 encompasses small-denomination time deposits, savings accounts, money market deposit accounts, and negotiable government bonds. Additionally, M2 includes cash held by commercial banks and the U.S. Treasury.
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difference between M1 and M2 is that Multiple Choice the former includ.pdf
- 1. difference between M 1 and M 2 is that Multiple Choice the former includes time deposits. the latter includes negotiable government bonds. the latter includes small-denominated time deposits, savings accounts, money market deposit accounts, and money market mutual fund balances. the latter includes cash held by commercial banks and the U.S. Treasury.