<Tr> <Td> M1 </Td> <Td> M0 + those portions of M0 held as reserves or vault cash + the amount in demand accounts ("checking" or "current" accounts). </Td> </Tr> <Tr> <Td> M2 </Td> <Td> M1 + most savings accounts, money market accounts, and small denomination time deposits (certificates of deposit of under $100,000). </Td> </Tr> <Tr> <Td> M3 </Td> <Td> M2 + all other CDs, deposits of eurodollars and repurchase agreements . </Td> </Tr> <P> The Federal Reserve stopped publishing M3 statistics in March 2006, saying that the data cost a lot to collect but did not provide significantly useful information . The other three money supply measures continue to be provided in detail . </P>

Which of the following is the largest component of the assets of the federal reserve