Wednesday 6 June 2012

The M2 measure of the money supply equals

The M2 measure of the money supply equals
A.   savings account balances plus small-denomination time deposits plus traveler’s checks.
B.   M1 plus savings account balances plus small-denomination time deposits. C.   M1 plus savings account balances plus small-denomination time deposits plus noninstitutional money market fund shares.
D.   savings account balances plus small-denomination time deposits plus noninstitutional money market fund shares.
Solution
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