17. Money supply definitions Identify whether each example in the following table belongs in M1, M2,...

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17. Money supply definitions Identify whether each example in the following table belongs in M1, M2, or both. If an example belongs in both, be sure to check both boxes. Example Dina has $9,000 in a six-month certificate of deposit (CD). Yakov has a roll of quarters that he just withdrew from the bank to do laundry. Charles has $3,000 in a savings account. M1 M2 The main difference between M1 and M2 is that all money within M1 can be used directly as a money within M2 cannot. whereas some types of 17. Money supply definitions Identify whether each example in the following table belongs in M1, M2, or both. If an example belongs in both, be sure to check both boxes. Example Dina has $9,000 in a six-month certificate of deposit (CD). Yakov has a roll of quarters that he just withdrew from the bank to do laundry. Charles has $3,000 in a savings account. M1 M2 The main difference between M1 and M2 is that all money within M1 can be used directly as a money within M2 cannot. whereas some types of

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Heres how I would categorize the examples Dinas sixmonth certificate of deposit CD This belongs ... View the full answer