The M2 measure of money supply includes all of the following, ...

[awywial]

The M2 measure of money supply includes all of the following, except:
 a. demand deposits.
  b. U.S. government securities.
  c. savings deposits.
  d. money market deposits.
  e. certificates of deposit.

Question 2

Explain how both sales and long lines prior to store openings are characteristic of markets in disequilibrium.

[isabelt_18]

Answer to Question 1

b

Answer to Question 2

One function of sales is to reduce the price of products and bring markets with current excess supply into equilibrium. If the quantity of a product demanded exceeds the quantity supplied at the current market price, goods may be allocated to consumers on a first-come, first-served basis. Standing in line is one way to allocate goods, which also increases the opportunity cost of buying the goods.

[awywial]

Gracias!

[scottmt]

Thanks for the timely response, appreciate it