Which items from the list is considered M1? Checking Accounts Coins Money market Account Paper Money (bills) Saving Accounts Time deposits Travelers cheques
Which items from the list is considered M1? Checking Accounts Coins Money market Account Paper Money (bills) Saving Accounts Time deposits Travelers cheques
Chapter14: Money And The Federal Reserve System
Section: Chapter Questions
Problem 8SQ
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Question
Which items from the list is considered M1?
- Checking Accounts
- Coins
Money market Account- Paper Money (bills)
- Saving Accounts
- Time deposits
- Travelers cheques
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