Small-denomination time deposits are included in which of the following measures of the money supply of the United States? Select one: A. Neither M1 nor M2. B. Both M1 and M2. C. M2 but not M1. D. M1 but not M2.

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Chapter12: Money, Banking And The Financial System
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Small-denomination time deposits are included in which of the following measures of the money supply of the United States?
Select one:
A.
Neither M1 nor M2.
B.
Both M1 and M2.
C.
M2 but not M1.
D.
M1 but not M2.
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