What is M2?

a. easily accessible funds, money market accounts, and savings instruments.

b. easily accessible funds, government securities, and large time deposits.

c. a measure of the funds that are easily accessible or in circulation.

d. large time deposits, money market accounts, and savings instruments.

a. easily accessible funds, money market accounts, and savings instruments.

Explanation:

M2 is a proportion of the cash supply that incorporates money, checking stores, and effectively convertible near money.

M2 is a more extensive proportion of the cash supply that M1, which simply incorporate money and checking deposits.

M2 is easily accessible funds, money market accounts, and saving instruments. It's basically ALL funds in M1 plus Money Market Accounts and Saving Instruments.