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3. Money aggregates Identify whether each example in the following table belongs in M1, M2, or both. If an example belongs in both, be sure
3. Money aggregates Identify whether each example in the following table belongs in M1, M2, or both. If an example belongs in both, be sure to check both boxes. Example M1 M2 Larry has a roll of quarters that he just withdrew from the bank to do laundry. Raphael has $25,000 in a money market account. Susan has $8,000 in a two-year certificate of deposit (CD). The main difference between M1 and M2 is that all money within M1 can be used directly as a , whereas some types of money within M2 cannot. Grade It Now Save & Continue Continue without saving
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