2. Which two of the following financial institutions offer checkable deposits included within the M1 money supply: mutual fund companies; insurance companies; commercial banks; securities firms; thrift institutions? Which of the following items is not included in either M1 or M2: currency held by the public;

checkable deposits; money market mutual fund balances;

small-denominated (less than $100,000) time deposits; currency held by banks; savings deposits? LO34.2