question 3 (1 point) which of the following is included in both m1+ and m2? money market deposit accounts…

question 3 (1 point) which of the following is included in both m1+ and m2? money market deposit accounts small - denomination time deposits savings deposits currency

question 3 (1 point) which of the following is included in both m1+ and m2? money market deposit accounts small - denomination time deposits savings deposits currency

Answer

Brief Explanations:

M1+ is a narrow - measure of the money supply that includes currency in circulation and demand deposits. M2 is a broader measure that includes M1+ plus savings deposits, small - denomination time deposits, and money market deposit accounts. Currency is the most liquid form of money and is included in both M1+ and M2.

Answer:

Currency