The difference between M1 and M2 is given by which of the following? M1 is made up of currency, traveler's checks, and money in checkable accounts, whereas M2 contains M1 plus savings deposits and time deposits Suppose you transfer $1,000 from your checking account to your savings account.
M1 money includes all but which one of the following? Savings accounts The M1 definition of the money supply includes currency and checkable deposits The largest component of the M1 definition of the money supply is checkable deposits The M1 definition of the money supply includes: coins and currency in circulation and checkable deposits.
When M1 is expanded to M2, the money supply more than triples The difference between M1 and M2 is given by which of the following? M1 is made up of currency, traveler's checks, and money in checkable accounts, whereas M2 contains M1 plus savings deposits and time deposits
M2 includes all of M1, plus savings deposits, time deposits like certificates of deposit, and money market funds.
M2 is a measure of the U.S. money stock that includes M1 (currency and coins held by the non-bank public, checkable deposits, and travelers' checks) plus savings deposits (including money market deposit accounts), small time deposits under $100,000, and shares in retail money market mutual funds.
M2 consists of M1 (currency held by the public plus checkable deposits) plus savings deposits, money market mutual funds, and small time deposits.
The money supply is the total amount of money—cash, coins, and balances in bank accounts—in circulation.
M3, also called broad money, includes M2, plus assets in large time deposits, eurodollars, and institution-only money market funds. The biggest group, L, includes M3, plus assets such as private holdings of US savings bonds, short-term US Treasury bills, and commercial paper.
M1: Bank reserves are not included in M1. M2: Represents M1 and "close substitutes" for M1. M2 is a broader classification of money than M1. M2 is a key economic indicator used to forecast inflation.
The following are NOT part of M1: currency in banks. currency and checkable deposits owned by the government. currency and checkable deposits owned by the Federal Reserve Banks.
Answer and Explanation: c) Saving deposits are not part of M1 but are part of M2. Federal Reserve measures the money supply with M1 and M2.
M1 money supply 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.
M2 is a measure of the money supply that includes cash, checking deposits, and easily-convertible near money. M2 is a broader measure of the money supply than M1, which just includes cash and checking deposits.
M2 is equal to M1 plus: savings deposits, money market deposit accounts, small time deposits, and eurodollars.
Currency. Which of the following is not included in the monetary aggregate M2? Savings bonds.