QUESTION 2 Why is M2 always higher than M1? Consumers and households prefer M2 to M1 M2 can be used more places to buy goods and services M2 includes all of M1 plus other types of deposits and short-term savings All of the above None of the above QUESTION 3 M1 (LINE 1) is smaller than the part of M2 that is not in M1 (LINE 3)? True False QUESTION 4 Which of the following statements best describes the relationship between M1 (LINE 1) and the part of M2 that is not in M1 (LINE 3) They were about the same in 1959 but M1 was much smallerl by 2019 M1 is always smaller M1 is always larger They have always been about the same M1 was much larger in 1959 but they were about the same by 2019
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