M2
A category within the money supply that includes M1 plus savings and small time deposits, and balances of individual and broker-dealer money market mutual funds, as well as repurchase agreements.
M2 is a broader classification of money than M1. M2 can indicate the amount of money in circulation in an economy and can explain different economic monetary conditions.
M2 is a broader classification of money than M1. M2 can indicate the amount of money in circulation in an economy and can explain different economic monetary conditions.