Which of the following items is included in a broader definition of very liquid assets (M2), but not in transaction deposits (M1) ?
a. Currency
b. Travelers checks
c. Treasury bills T-bills
d. Savings deposits
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Home » Business » Which of the following items is included in a broader definition of very liquid assets (M2), but not in transaction deposits (M1) ? a. Currency b. Travelers checks c. Treasury bills T-bills d. Savings deposits