Which of the Following Is Included in M2 but Not

question 79

Multiple Choice

Which of the following is included in M2 but not in M1?

• A)currency
• B)demand deposits
• C)savings deposits
• D)All of the above are included in both M1 and M2.

---

Definitions:

Second Great Awakening

A Protestant religious revival during the early 19th century in the United States, which led to the growth of evangelical denominations and sparked social reforms.

Market Revolution

A significant change in the U.S. economy in the early 19th century, driven by innovations in transportation, communication, and production that created a more interconnected market system.

Internal Borderland

A term used to describe areas within a country that lie on the margins of cultural, economic, or political power, often fostering unique identities or conflicts.

Primary Cell

A voltaic cell that cannot be recharged.