M2 is one of the monetary aggregates that make up the money supply. It is the result of adding to M1 time deposits of up to 2 years and deposits that can be liquidated in a term of less than three months.
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M2 is one of the monetary aggregates that make up the money supply. It is the result of adding to M1 time deposits of up to 2 years and deposits that can be liquidated in a term of less than three months.