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Goryan [66]
3 years ago
9

The M2 definition of the money supply includes

Business
1 answer:
svlad2 [7]3 years ago
7 0

Answer:

The correct answer is option A.

Explanation:

The M1 definition of money includes the currency notes and coins in circulation and demand deposits in bank. This is the most liquid and is termed as narrow definition of money.

The M2 definition includes all the components of M1 and along with that, savings accounts, time deposits and money market funds. This a less liquid supply of money.

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