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Business, 07.04.2020 00:24 naomicervero

Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes.
1. Lorenzo has a roll of quarters that he just withdrew from the bank to do laundry.
2. Teresa has $8,000 in a two-year certificate of deposit (CD).
3. Sam has $25,000 in a money market account.

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Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both,...
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