Question #131294
A) Which of the following is INCORRECT
1. M1 consist of coins, notes and demand deposits only;
2. M3 includes short term deposits ;
3. M3 includes long-term deposits ;
4. M3= M1 + M2+ long term deposits.
1. M1 consist of coins, notes and demand deposits only;
2. M3 includes short term deposits ;
3. M3 includes long-term deposits ;
4. M3= M1 + M2+ long term deposits.
Expert's answer
2. M3 includes short term deposits
