FINANCE

M1- Money that can be easily spent- cash, checks, money in checking accounts. M2- M1 plus short-term investments like savings/money market accounts (small accounts less than 100k) M3- M1 plus M2 and large bank deposits (over 100k) MZM- Money at zero maturity –a way of measuring the annual change in the money supply. 2 Types of Money: ................
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