Which of the following is NOT included as M1 money?   A. Currency   B. Travelers checks   C. Demand deposits   D. All of the above are included as M1 money

MACROECONOMICS FOR TODAY
10th Edition
ISBN:9781337613057
Author:Tucker
Publisher:Tucker
Chapter14: Money And The Federal Reserve System
Section: Chapter Questions
Problem 10SQ
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Which of the following is NOT included as M1 money?

  A.

Currency

  B.

Travelers checks

  C.

Demand deposits

  D.

All of the above are included as M1 money

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