Certificates of deposit
Explain whether each of the following is included in only M1, only M2, or both M1 and M2:
a. Traveler’s checks
b. Savings deposits
c. Certificates of deposit
d. Checking account deposits.
Certificates of deposit
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Certificates of deposit
Explain whether each of the following is included in only M1, only M2, or both M1 and M2:
a. Traveler’s checks
b. Savings deposits
c. Certificates of deposit
d. Checking account deposits.
Certificates of deposit