Why are money market funds included in the broader measures of the money supply (M2 and M3)

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Why are money market funds included in the broader measures of the money supply (M2 and M3) that the Federal Reserve introduced in 1980?

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Financial Institutions, Markets and Money

ISBN: 978-1119330363

12th edition

Authors: David S. Kidwell, David W. Blackwell, David A. Whidbee, Richard W. Sias

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Question Posted: Sep 29, 2018 01:41 PM

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Why are money market funds included in the broader measures of the money supply (M2 and M3)

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Because money can be withdrawn fr...View the full answer

Financial Institutions, Markets and Money

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