Which of the Following Is Included in M2 but Not

question 71

Multiple Choice

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

• A)demand deposits
• B)corporate bonds
• C)large time deposits
• D)money market mutual funds

---

Definitions:

Credit Entries

Bookkeeping records that increase liabilities or equity or decrease assets on a company's balance sheet.

Liability Account

A financial accounting account that represents obligations to pay debts or amounts owed to others.

Capital Account

An account showing the net worth of a business entity, including its equity and investments.

Asset Account

An account that records the assets owned by a company, showing their value on the balance sheet.