Question: 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

Identify whether each example in the following table belongs in M1,

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 M1 M2 Hilary has $10,000 in a twoyear certificate of deposit (CD). Brian has a roll of quarters that he just withdrew from the bank to do laundry. Edison has $30,000 In a money market account. True or False: Any type of money that falls into the M2 category is, by definition, part of M1 as well. Tru e False

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