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The M2 definition of the money supply is narrower than the M1 definition. A) True, because M2 is included in the M1 money supply. B)

The M2 definition of the money supply is narrower than the M1 definition.

A) True, because M2 is included in the M1 money supply.

B) False, because M1 is included in the M2 money supply.

C) False, because M1 is included in the M2 money supply, except for checkable deposits..

D) True, because M1 is included in the M2 money supply, except for checkable deposits.

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