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
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
Chapter14: Money And The Federal Reserve System
Section: Chapter Questions
Problem 10SQ
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Question
Which of the following is NOT included as M1 money?
A. |
Currency |
|
B. |
Travelers checks |
|
C. |
|
|
D. |
All of the above are included as M1 money |
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