首先是基本货币供应量，其次是所谓的M-1，货币供应量之一，包括支票帐户、银行的活期存款等等。 然后是M-2，货币供应量之二，包括一些活期储蓄帐户和定期存款。 。

So we start with base money and then we'll have what's called M-1, which includes cheque accounts, demand deposits of banks … and then M-2 which will include some savings deposits, some time deposits.

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