Savings Deposits Are Included in M1 but Not M2

question 111

True/False

Savings deposits are included in M1 but not M2.

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Definitions:

Jeweller

A person or entity engaged in the business of selling and sometimes manufacturing jewelry.

Commercial Aircraft

Airplanes designated for carrying passengers or cargo as part of a business for profit, excluding military or private aircraft.

Flight Attendant

An airline employee responsible for ensuring the safety, comfort, and needs of passengers during a flight.

Complimentary Locks

Locks provided at no additional cost as a courtesy or as part of a service.