Business
Business, 10.03.2020 22:40, whitethunder05

Money aggregates

Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes.

a. Deborah has $6,000 in a six-month certificate of deposit (CD).

b. Van has a roll of quarters that he just withdrew from the bank to do laundry.

c. Carlos has $2,000 in a savings account

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Answers: 3

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Money aggregates

Identify whether each of the following examples belongs in M1 or M2. I...

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