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aplia!!!!!!!!!! - 4 Money In the LLS EWI‘IDI'I‘W s-==_n...

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Unformatted text preview: 4. Money In the LLS. EWI‘IDI'I‘W s-==-_n Identifyf whether each of the following belongs In M1 or M2. If It belongs In bothIr be sure to check both bokes! Charles has $1.2m: In a checking aoeount. Deborah has a jar of eoins by her bedside table. Kate has $E,DDD In a two-year oertlflcate of deposit {CD}. Hanuel has $2D,DI:II:I In a money' market aooount. Explanatlon: film A H1 Includes eun'enoyr [like the jar of oolns by Deborah’s bedside table], traveler's medcs, and demand deposits. H2 Includes everything In H1 plus n'IoneIIr market deposit amounts, savings deposits, small-denomination tIme depole {like Kate’s ED}, and miscellaneous “manmoneys.” ...
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