QuestionJuly 18, 2025

Which of the following would be classified in the M1 category of the money supply? None of these savings deposits currency checking deposits (aka demand deposits) All of these

Which of the following would be classified in the M1 category of the money supply? None of these savings deposits currency checking deposits (aka demand deposits) All of these
Which of the following would be classified in the M1 category of the money supply?
None of these
savings deposits
currency
checking deposits (aka demand deposits)
All of these

Solution
4.4(147 votes)

Answer

currency, checking deposits (aka demand deposits) Explanation 1. Identify M1 Components M1 includes currency and checking deposits (demand deposits).

Explanation

1. Identify M1 Components<br /> M1 includes currency and checking deposits (demand deposits).
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