What is M2?

2 answers:

5 0

M2 is easily accessible funds, money market accounts, and saving instruments. It's basically ALL funds in M1 plus Money Market Accounts and Saving Instruments.

NemiM [27]3 years ago

3 0

Answer:

a. easily accessible funds, money market accounts, and savings instruments.

Explanation:

M2 is a proportion of the cash supply that incorporates money, checking stores, and effectively convertible near money.

M2 is a more extensive proportion of the cash supply that M1, which simply incorporate money and checking deposits.

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