Question

What do you mean by M2 ?

Answer 1

Answer:

The money supply is the total value of money available in an economy at a point of time. There are several ways to define "money", but standard measures usually include currency in circulation and demand deposits. Each country’s central bank may use its own definitions of what constitutes money for its purposes.

Answer 2

heyyyy mate.....

M2 includes M1 plus short-term time deposits in banks and 24-hour money market funds

M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.

hope it helps....

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