Question: Classify each item as either part of the M 2 measure of the money supply or as not part of the money supply. M 2

Classify each item as either part of the M2 measure of the money supply or as not part of the money supply.
M2
Not in the monev sunnlv
Answer Bank
$4.5 trillion in credit card debt
$650 billion in money market accounts
$900 billion in cash held by the public
$2 trillion in savings accounts
$3 trillion in government securities belonging to the Federal Reserve
$1.25 trillion in small time deposits
Classify each item as either part of the M 2

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