Question

Which of the following items is included in the M2 definition of the money supply? O A. credit cards OB. money market mutual funds O C. corporate bonds O D.large time deposits Money market mutual funds are included in O A. M1 but not M2. O B. M1 and M2. OC. M2 but not M1. O D. neither M1 nor M2.

Answer 1

Step-by-step explanation:

The M2 definition of the money supply includes money market mutual funds. So, the correct answer is B. Money market mutual funds are included in M2 but not M1, which is option C.